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Rebel Foods Secures $210M in Series G Funding

  • Rebel Foods, the cloud kitchen giant behind Faasos and Behrouz Biryani, raised $210 million in Series G funding, led by Temasek. Early investors like Lightbox and Coatue exited.
  • The funding mix was 75% secondary transactions, with Temasek and Evolvence leading the primary capital portion. Rebel Foods plans to enhance its brand portfolio and expand omnichannel presence.
  • Improved financials: FY24 revenue rose 19% to Rs 1,420 crore; losses reduced by 42% to Rs 378 crore, aided by cost-cutting measures.

Source: Moneycontrol

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