ROHLIK RAISES €190 MILLION TO LAUNCH IN GERMANY AND OTHER EUROPEAN MARKETS
Czech Republic-based online supermarket Rohlik Group has raised €190 million to spearhead its expansion into Germany.
The business, which was founded in 2014, currently offers more than 17,000 items to choose from, and a 15-minute delivery window which can be within two hours of placing an order.
In 2019 Rohlik entered Hungary and it entered Austria 12 months later.
Tomáš Čupr, Rohlik Group’s CEO, says: “At Rohlik, we want people to ‘eat well and live well’. We offer a broad selection of awesome food to our customers and provide them with a service that makes life easier.
“With this funding round, we will be able to accelerate our growth and continue to invest in our market-leading technology and operating capabilities.”
Jan Hammer, Partner at Index Ventures, says: “We’ve been impressed with Rohlik’s consumer proposition, offering premium produce alongside a wide range of value-priced products, combined with convenient delivery options. The team at Rohlik has executed flawlessly and relentlessly to create one of the most exciting and fastest-growing food businesses in Europe.”
Mr Čupr added: “We expect that our activities will kick-start the market and force all players in the retail industry to accelerate.
“We are not focused on delivering a small basket very quickly like other players in the market, but fulfilling real needs of families in Europe.”