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Rebel Foods has stirred the foodtech market once again with its $210 million Series G funding round, led by Temasek and Evolvence. This round, after a three-year gap, not only facilitated certain investor exits but also signals fresh momentum for the cloud kitchen leader. With over 450 cloud kitchens spanning India, MENA, Indonesia, the UK, and 75 Indian cities, Rebel Foods has built a formidable presence. Their FY24 financials show promise—revenues climbing to ₹1,420 crore and losses narrowing by 42% to ₹378 crore. Yet, the competitive landscape is intense, with Curefoods (EatFit), EatClub, and other players fighting for a share of the pie. The infusion of funds will likely fuel expansion and innovation, but the question remains: Can Rebel Foods maintain its edge in an increasingly crowded market? Cloud kitchens are a fascinating business model—a blend of scalability and operational challenges. While low overheads make them attractive, customer acquisition and retention demand constant reinvention. What do you think about Rebel Foods’ strategy? Will this funding be the catalyst they need to dominate the space, or will the competition push back harder? #FoodTech #CloudKitchen #RebelFoods #StartupFunding Vandana Tolani

Temasek Holdings is in advanced talks to invest between $100 and $150 million in Rebel Foods, the parent company of popular brands like Faasos and Behrouz Biryani. The investment will involve both primary and secondary share sales, with the secondary sale valued around $700 million. This follows Rebel Foods' unicorn status achieved in 2021, when it raised $175 million, bringing its valuation to $1.4 billion. Founded in 2011, Rebel Foods operates 450 kitchens across 70 cities and aims to expand its offline presence while planning for a public offering in the coming years. The cloud kitchen sector is anticipated to grow significantly, supported by the increasing demand for online-first food brands. #Temasek #RebelFoods #Investment #CloudKitchen #Faasos #BehrouzBiryani #StartupNews #FoodTech #PublicOffering #Growth #India #VentureCapital #Startup77

Big Deal Alert: Rebel Foods Raises $210 Million in Series G Funding Led by Temasek! 🚀 Rebel Foods, the world's largest cloud kitchen operator, has successfully secured $210 million in its Series G funding round, propelling its valuation to an impressive $1.4 billion. This latest round was led by Temasek, with participation from other notable investors, marking a significant milestone in Rebel Foods' growth journey. Transaction Details: 💰 Value: $210 Million 🎯 Investor: Temasek (Lead), Others (Participation) 🏢 Company: Rebel Foods Pvt. Ltd. 💼 Sector: Cloud Kitchens & Food Delivery 📅 Valuation: $750 Million What’s Next for Rebel Foods? Rebel Foods plans to use the freshly raised capital to scale its global operations, strengthen its technology stack, and expand its portfolio of delivery-first brands. This funding also reinforces its position as a market leader in the rapidly evolving food-tech and cloud kitchen space. Why It Matters: This deal highlights the increasing investor confidence in cloud kitchens as a sustainable and scalable business model in the food industry. With its ambitious expansion plans and innovative tech-driven approach, Rebel Foods is set to redefine food delivery experiences worldwide. Stay tuned for more updates on transformative deals and industry trends! 🌟 👉 For more such updates, follow us and explore opportunities here: https://lnkd.in/g_e7BAi3 and join our WhatsApp group:  https://lnkd.in/gCV8Egig #BigDealAlert #RebelFoods #SeriesGFunding #CloudKitchens #FoodTech

Rebel Foods Raises $210M in Series G Funding Led by Temasek Rebel Foods, a pioneer in the cloud kitchen space, has successfully raised $210 million in its Series G funding round, a mix of primary and secondary share sales. The round was led by Temasek, with participation from existing investor Evolvence India About Rebel Foods : Founded by Jaydeep Barman and Kallol Banerjee, Rebel Foods is the world’s largest cloud kitchen operator, managing a portfolio of renowned food brands across 450+ kitchens in 75 Indian cities and globally in regions like MENA, Indonesia, and the UK. Key Brands: # FAASO'S FOOD SERVICES PRIVATE LIMITED # Behrouz Biryani # Oven Story Pizzas # Mandarin Oak. Funding Highlights : # Lead Investor: Temasek # Other Participants: Evolvence India # Past Notable Backers: Qatar Investment Authority, Peak XV Partners, Lightbox, Evolvence India, Coatue The company has also raised nearly $50 million through debt funding across five tranches in the past two years. Fund Utilization : # Global Expansion: Strengthen its presence across existing and new markets. # Brand Portfolio Growth: Enhance and diversify its offerings to cater to evolving consumer tastes. # Technology Upgrades: Bolster its cloud kitchen technology for better operational efficiency. Business Performance: - Revenue (FY24): ₹1,420 crore - Loss Reduction: Narrowed losses by 42% to ₹378 crore Competitive Landscape : Rebel Foods faces competition from - # Curefoods (EatFit) # EATCLUB Brands (Formerly BOX8) # Biryani By Kilo # FreshMenu # Biryani Blues # Bigspoon # Hoi Foods CEO’s Statement : “This funding underscores the trust of our investors in our vision to revolutionize the cloud kitchen ecosystem. The capital will help us expand further and innovate within the foodtech space,” said Jaydeep Barman, Co-founder and CEO, Rebel Foods. Why It Matters ? With the rapid growth of the cloud kitchen industry and increasing consumer demand for quality food delivery, Rebel Foods is well-positioned to capitalize on these trends. Kudos to Rebel Foods! This milestone not only reinforces Rebel Foods’ leadership in the cloud kitchen space but also showcases the immense potential of foodtech innovation in India. #AspirantsNews #RebelFoods #FundingAlert #CloudKitchen #FoodTech #Temasek

Rebel Foods, known for brands like Faasos, Behrouz Biryani, Oven Story Pizzas, Lunchbox, The Good Bowl, Sweet Truth, and Wendy’s etc., has raised $210 million in its Series G funding round, led by Temasek and backed by Evolvence Capital and other investors. With over 450 cloud kitchens across 75 cities in India and international markets, In FY24, the company’s revenue from operations increased to Rs 1,420 crore, while its losses narrowed by more than 42% to Rs 378 crore during the same period. The new funding will be crucial in helping Rebel Foods expand its footprint and enhance its platform, further strengthening its brand portfolio. The company is now set to scale its operations globally, aiming to reach new markets and solidify its leadership in the foodtech space. All the best from The Fame Express! Wishing Rebel Foods continued growth and success in the exciting journey ahead. Amil Shah sandeep joshi Rohit Batra Sagar Kochhar Kavya Guwalani Ameet Phadke Ankush Grover Jaydeep Barman Divya Divakaran Aruj Garg Samrudhi Salve

🔴#AvendusDealAlert: Thrilled to have advised Rebel Foods on its USD 210 million series G funding led by Temasek with participation from Evolvence India. Rebel's culinary innovation, technology-driven automation and omnichannel presence, powered by its own operating system, enables it to build and scale beloved food brands both in India and globally. Being backed by a renowned global investor like Temasek in this round underscores Rebel's robust execution capabilities and the significant opportunities ahead. This deal also reflects the growing secondary liquidity and the rising investor confidence in India’s consumer and tech market. Learn more👉https://bit.ly/3ZO6kQj Neeraj Shrimali | Karan Sharma I Pankaj Naik I Varun Gupta I Pranay Jain I Bandish Shah I Gaurav Sharma I Aaryan Kapoor #Food #Beverages #FoodTech #Digital #Technology #Consumer #Funding #PrivateEquity #InvestmentBanking #NextIsTheOnlyLevel

While it was Vasco da Gama who had put India on the global spice map - it is the advent of new age #startups which is driving the recent growth in the branded spices market. To give a context of the growing #market, per an Avendus Capital report, it is estimated that out of the top 20 Indian #food companies in 2021, five were spice companies, and their valuations are expected to be up six to seven times by 2030. A few #investments in this sector in the past few years - - Apr 2023 - The Little Farm Co.. - ~₹1.5Cr - 100X.VC, Sharida Ventures - Dec 2023 - PushP - ~₹100 Cr - Sixth Sense Ventures  - Aug 2024 - ZOFF - ₹40Cr - JM Financial PE We have also observed significant M&A activity in this sector - - Eastern Condiments - Majority stake acquired by Norwegian Industrial Investment company Orkla ASA followed by a merger with MTR Foods Private Limited ~₹2000Cr.    - ITC Limited Acquired 100% of Sunrise Foods Private Limited in a cash deal for ~₹2100Cr. --- Ideally, what makes this category one of the most attractive segments? - A large market coupled with high gross margins (20% - 40%) makes this one of the highest growth categories in the F&B sector. - The increasing health awareness - with the consumers realizing the importance of fresh "home-cooked meals" - has led to a rise of blended spices. This category helps in building brand stickiness and commands a higher gross margin (~40%) as compared to the other spices category). - With the significant rise of #ecommerce and #quickcommerce players such as Zepto, BigBasket - which has revolutionized online grocery with fast and efficient deliveries - has boosted the overall sales of such companies. --- The flavours and aromas of #spices reignite different memories and associations for each consumer - making it challenging for MNCs to dominate over local/regional players. Hence it would be interesting to see if we can see a brand which creates the same synonymity which has been developed within other food categories - Water (Bisleri) and Rice (Kohinoor). #spice #foodandbeverages #oaksprouts

Foodtech firm Rebel Foods has announced its Series G funding round of $210 million, comprising a mix of primary and secondary share sales. The Series G round was led by Temasek with participation from existing investor Evolvence India. The capital will be instrumental in expanding Rebel Foods’ footprint and strengthening its platform by enhancing its portfolio of brands. Rebel Foods is an Indian online restaurant company that operates cloud kitchens and is the world's largest restaurant platform. Founders: Jaydeep Barman and Kallol Banerjee Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in

Rebel Foods Secures Investment from Accel-KKR Mumbai-based Rebel Foods, the world’s largest cloud kitchen operator, has received an undisclosed investment from Accel-KKR, marking another significant milestone for the foodtech pioneer. This investment comes on the heels of Rebel Foods’ recent $210 million Series G funding round led by Temasek, as the company gears up for ambitious growth. About Rebel Foods Founded in 2011 by Jaydeep Barman and Kallol Banerjee as a quick service restaurant, Rebel Foods has transformed into a cloud kitchen powerhouse, operating over 450 kitchens across India, the MENA region, Indonesia, the UK, and 75 Indian cities. Its brand portfolio includes customer favorites such as: 🍴 Faasos 🍴 Behrouz Biryani 🍴 Oven Story. Pizza 🍴 Lunchbox 🍴 The Good Bowl 🍴 Sweet Truth 🍴 The Wendy's Company , and more. With a comprehensive ecosystem of food and beverage brands, Rebel Foods delivers delicious meals to millions, setting new standards in the foodtech industry. What’s Next for Rebel Foods? With KKR’s backing, Rebel Foods aims to: # Expand further across India and the Middle East # Add more innovative brands to its portfolio # Strengthen its position as a leader in the global foodtech space Impressive Growth : In FY24, Rebel Foods- # Reported ₹1,420 crore in revenue from operations # Reduced losses by over 42%, down to ₹378 crore As Rebel Foods embarks on its next chapter, Aspirants Space is ready to connect them with top talent to support their continued innovation and expansion. Congratulations to the Rebel Foods team on this incredible achievement! Your journey is a testament to resilience and innovation in the foodtech industry. Spread the word! Share this update to celebrate Rebel Foods’ success and its mission to redefine the food experience. #AspirantsNews #FoodtechInnovation #FundingSuccess #CloudKitchenLeadership #GlobalGrowth

Rebel Foods Reports ₹1,420 Crore Revenue in FY24 with a 42% Reduction in Losses Cloud kitchen giant Rebel Foods, formerly known as Faasos, has announced a significant improvement in its financial performance for the fiscal year ending March 2024 (FY24). The company reported a robust 19% increase in revenue, reaching Rs 1,420 crore, while simultaneously reducing its losses by a substantial 42%. This marks a positive trajectory for Rebel Foods, which has been grappling with the challenges of scaling its operations and managing costs in a highly competitive food delivery market. The company's ability to increase revenue while curtailing losses indicates that its strategies to optimize operations and enhance efficiency are yielding results. Key to Rebel Foods' success has been its diverse portfolio of popular brands, including Behrouz Biryani, Oven Story, and Faasos, which have helped drive customer demand and increase market share. Additionally, the company's focus on operational efficiency, such as improving kitchen efficiency and streamlining delivery processes, has contributed to cost savings. Rebel Foods' strategic expansion into new markets and the introduction of innovative food concepts have also fueled growth. As the company continues to navigate the dynamic food delivery landscape, its ability to sustain its growth trajectory and further improve profitability will be a key focus. Investors and industry observers will be closely watching the company's future financial performance and strategic initiatives. #startup #startupnews #business #rebelfoods #strategy #expansion #revenue #profits #finance #cloud #kitchen #food #delivery #india #optimize #operations #post