JPIN Venture Catalysts led the £2m investment to support platform development and user growth.
"We are delighted that JPIN VCATS has decided to back our growth. The COVID pandemic has accelerated the adoption of digitization within financial services. Getting affordable finance into the SME segment at scale is going to be critical to our global economic recovery and we are thrilled to have Venture Catalysts support to help us to scale our reach in India."
The property fintech business has secured seed follow on funding from Loyal VC to support its growth and platform delivery.
"This is fantastic news not just for us but for the whole Northern Powerhouse as it’s clear that venture capitalist firms are waking up to the opportunities which exist outside of the M25."
The Series H round was led by Durable Capital Partners and Fidelity Management and Research Company to support ongoing expansion.
"At Deliveroo we are always focused on developing the best proposition for consumers, riders and restaurants. This investment will help us to continue to innovate, developing new tech tools to support restaurants, to provide riders with more work and to extend choice for customers, bringing them the food they love from more restaurants than ever before. We are really pleased our shareholders see the opportunity and growth potential ahead of us."