Order-In has been taken out
Online corporate catering provider Order-In has been acquired by global venture capital company Rocket Internet for an undisclosed figure.
The food-tech and delivery service industry is one of the fastest growing sectors globally, and is a multibillion-dollar business segment in Australia alone. The past two years have seen a significant increase in funds being invested globally from corporations and capital investors into food-tech companies.
Since its launch in 2000, Order-In has grown exponentially in the corporate space, offering high-quality food options from the best caterers, cafes and restaurants across Australia’s major capital cities.
Jonathan Rowley, managing director of Order-In, said, “We are truly excited to announce our new partnership. Australia is a small and consolidated market, making it enticing to global investors, so there was never a doubt that this would happen — the question was more so who it would be and when. We’re delighted that our team’s hard work and dedication has paid off to achieve this great result.
“Despite the news, it’s business as usual at Order-In. Our service and platform will continue to be managed as it is — delivering the consistently high standard that both customers and suppliers have come to expect. This partnership will allow us to further expand our offerings and develop our leading presence in this space. We look forward to benefiting from Rocket Internet’s extensive expertise in building leading digital companies, in particular in the food-tech sector.”
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