The Curefoods IPO is expected to hit the markets before the end of the calendar year, sources said, and the foodtech player's expansion will be supported by a blend of organic growth, acquisitions and investment in infrastructure.
The DRHP reveals sharp attrition, mounting expenses and a business model heavily reliant on aggregators despite strong topline growth.
The Accel-backed food and beverages company could raise $300-400 million through the IPO expected to hit the markets in the latter part of FY26
This comes at a time when investor interest in food startups is high. Startups House of Biryani and Biryani By Kilo have raised funds in the recent months
The contours of the deal were not disclosed, but will help Curefoods strengthen its B2B focus and aide its offline expansion plans
Players' fear of being blacklisted by the Badminton Association of India if they play in the new league has left the tournament hanging, with its fate in the court’s hands.
Founders and investors also urged voters to step out of homes and make the effort to vote if they wanted to see the state, especially Bengaluru, become more conducive for startups.
Curefoods, which has Nomad Pizza and Sharief Bhai biryani brands in its portfolio, says it will use the funds to diversify to offline format. The company also aims to expand in tier 1 and 2 cities in the north and the west of the country
The Bengaluru-based startup competes with Rebel Foods, Biryani by Kilo, and EatClub (formerly known as Box8), which are at the forefront of this industry, and are building house of food brands.
"The pandemic years have been quite a blur... fitness played a key role in helping me navigate it."
The cloud kitchen startup is likely valued in the range of $250-$400 million, according to industry sources.
The startup has acquired six cloud kitchen brands and is looking at another 25 to expand footprint across multiple cities
Curefoods will acquire fast-growing online food brands, a large market after the advent of Swiggy and Zomato
Bambinos will use the fresh funds to develop new products, scale up its distribution network and enhance the course content
Flipkart sees another round of top-level rejig as Mukesh Bansal, head of commerce and advertising business and Ankit Nagori chief business officer, step down, reports CNBC-TV18
From jaw-dropping discounts to special gifts, these are just some of the weapons in the arsenals of e-commerce companies.
The company is leaving no stone unturned to ensure there are no last minute hassles and customers have a pleasant shopping experience, unlike the previous year
The tie-ups will introduce a whole new range of products from these retail brands, adding to Flipkart's existing portfolio of 1000 plus brands with seven lakh home products.
The Bangalore-based firm expects 60 percent of this employment to be generated in the logistics and warehousing sector.