Takeaway startup Delivery Hero has just raised €387 million to help it take on Deliveroo

Delivery Hero CEO Niklas ÖstbergDelivery HeroDelivery Hero CEO Niklas Östberg

BERLIN — Takeaway delivery service Delivery Hero has raised €387 million (£328 million) to help it take on rivals like Deliveroo and UberEats.

The Berlin-headquartered company — whose growth has been fuelled by local startup accelerator Rocket Internet — has now raised over £1.3 billion.

The latest funding round came from Naspers, a global internet and entertainment group.

Niklas Östberg, CEO of Delivery Hero, said in a statement: “We are delighted to welcome such a renowned and strong investor with a proven track record in building successful platforms around the world. Naspers’ capital and knowhow will support our growth momentum as we continue to focus on creating an amazing takeaway experience.”

The investment into Delivery Hero comes on the same day that London startup Improbable announced a $US502 million (£390 million) investment from Japanese tech giant SoftBank.

NOW WATCH: Everything we know about the next iPhone — including a completely new look

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.