zomato Archive

While many on-demand food startups fail to deliver, iFood picks up $30 million to expand in Latin America

Startup food delivery businesses may have spoiled globally, but investors in Latin America think at least one startup has a fresh take on the industry. The Brazilian on-demand food delivery company, iFood has picked up $30 million in new financing to expand regionally and solidify its grip over the online food delivery markets South of the US border. While Olympic athletes are going for the gold in …