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At the time of acquisition, terms of the deal were not disclosed.
However, we now have a confirmation that Carriage was acquired for 84.8 million euros (about 0 million). Following is the excerpt from the report that confirms the price tag of 84.8 million euros.
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That is the only investment they had raised until getting acquired by Delivery Hero.
The startup had gone all in by investing a big amount from the seed capital to purchase a fleet of 200 motorcycles and hire 35 members for its team within first two months of their launch.
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