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.