The Carrefour Group, one of the world’s leading food retailers, has acquired Dejbox, a pioneer in lunch delivery for business employees located in suburban and outlying areas, supported by Id4 ventures
Founded in 2015 by two talented entrepreneurs, Adrien Verhack and Vincent Dupied, Dejbox is an online canteen for business employees.
To capture this huge, fast-changing market, Dejbox created an intuitive online and mobile user interface as well as top-quality, inexpensive menu offerings and a streamlined logistics operation – all designed to meet the needs of the more than 10 million French employees who work in the urban hinterland and very rarely have access to an onsite dining service.
By drawing on a system of smart delivery routes and a unique network of partner caterers and merchants from local communities, this top-notch foodtech company has successfully created a positive business model that is ideally suited to the recent trend towards food delivery, particularly among millennials.
This transaction illustrates Id4’s ability to perform fast capital rotation, with a fund returner exit in only 36 months in this case
More details here