Rocket Internet

Foodpanda parent Delivery Hero raises $423m by share issue to Naspers

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Rocket’s stake will be diluted to 33% from just under 38%

Rocket-backed Helpling raises $10.7m led by Singapore’s APACIG

On-demand cleaning services platform Helpling has raised nearly $10.7 million (S$15 million) from existing investors, led by Singapore-based Asia Pacific Internet Group (APACIG), a start-up incubator established jointly by Rocket Internet and Ooredoo. Other investors in the Berlin-based start-up include Rocket Internet, Lakestar, Accel Partners, and Mangrove Capital. As per a TechCrunch… Read more »

Korea Investment Corp increases alternative asset investments