Kolonial, a food delivery firm based out of Oslo, has rebranded its firm as Oda and raised $265 million on a $900 million valuation in a funding round. Oda offers same-day or next-day delivery of restaurant orders, meals and grocery. The delivery firm wishes to use the funds raised to tap more European regions like Germany and Finland by 2022. Oda’s business model entails instant food and grocery delivery service at lower prices to the masses.
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