Delivery Hero Receives $568m from Rocket Internet

Delivery Hero, an online food takeaway service, received $568m from Rocket  Internet AG in exchange for a 30% stake.  This transaction valued Delivery Hero at almost $2bn.  Other investors in the four-year-old company include Insight Venture Partners LP, Kite Ventures PE, ru-Net Ltd., Point Nine Capital, Phenomen Ventures and Vostok Nafta Investment Ltd.

Delivery Hero is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 107 companies organized by investment theme.