Cloud Kitchen

IPO-bound Curefoods plans ambitious brand expansion, to invest Rs 152 cr for setting up new kitchens and outlets by 2029

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.

Curefoods IPO: Exit feasts, attrition alarms, and growth plans decoded

The DRHP reveals sharp attrition, mounting expenses and a business model heavily reliant on aggregators despite strong topline growth.

Rebel Foods to invest $25 million in Wendy’s, double store count to 400 in 3 years: CEO Ankush Grover

The firm has also witnessed a slowdown in food delivery, in line with the overall industry, over the past few months, but is now gradually starting to see demand pick back up due to occasions like Holi, Ramadan and the recent Champions Trophy cricket tournament, Grover said.

Not facing a slowdown in food delivery, says Rebel Foods co-founder Sagar Kochhar

As per Kochhar, Rebel foods is seeing over 20 percent YoY same-kitchen sales growth, at a time when listed food delivery majors Zomato and Swiggy have reported slowing growth over the past few quarters, amid an ongoing slowdown in consumption.

Rebel Foods raises $210 million in funding round led by Temasek; early investors exit

Moneycontrol was the first to report on this development in August, detailing Rebel Foods’ funding round led by Temasek. The round was largely a secondaries transaction, almost 75%, where early backers like Lightbox, Coatue and others sold shares.

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Blending bricks and clicks: How Licious, GIVA, Curefoods went omnichannel

Founders of top new age brands at the Moneycontrol Startup Conclave noted that while online presence is crucial for discovery and initial engagement, the physical experience is essential for building trust and scaling in certain categories.

Binny Bansal invests an additional Rs 200 crore in Curefoods taking the round size to Rs 500 crore

The firm will likely use the funds for offline expansion of its brands Nomad Pizza and Sharief Bhai Biryani.

5 cloud kitchens to fuel your IPL excitement with match-day munchies

Indian Premier League 2024 watch party: What to order for an IPL home party with friends, and things to consider - from taste to what's easy to serve, eat and clean up afterwards.