Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Shah Rukh Khan is now the brand ambassador of Foodpanda

BI India BureauMay 25, 2017, 11:14 IST

Foodpanda, the global mobile food delivery marketplace from Berlin, Germany, has signed up Bollywood actor Shah Rukh Khan as its brand ambassador in India. However, the terms and other details of the deal have not been made public.

The online food delivery startup is looking forward to regaining the market share it had lost out to competitors like Zomato and Swiggy.

Delivery Hero, the German parent company of Foodpanda, is said to have set aside a major chunk of the $431 million (Rs 2,800 crore) funding to deal with bigger rivals. It recently received this funding from South African Internet and media group Naspers.

It was in last December that Delivery Hero bought Foodpanda from Rocket Internet, after its Indian arm reported losses.