NGP Capital-backed food delivery service Deliveroo was valued at $2bn as of November but a successful bid would need to be a sizeable upgrade.
Ride hailing platform Uber has begun discussions to acquire UK-based food delivery service Deliveroo, giving NGP Capital, the venture capital firm backed by communications technology producer Nokia, an exit, Bloomberg reported yesterday.
The acquisition would be sized in the billions of dollars, people familiar with the plans told Bloomberg. Deliveroo was valued at more than $2bn when it last raised money, in a $482m series F round that closed in November 2017.
Founded in 2013, Deliveroo runs an online-based…
