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India’s Rebel Foods raises $210m series G
Indian cloud kitchen company Rebel Foods has raised US$210 million in a series G funding round.
Led by Temasek Holdings from Singapore, the round included Evolvence as a participant.
The company is now valued at US$1.4 billion.
Founded by Jaydeep Barman, a former consultant at McKinsey & Company, Rebel Foods operates online-only restaurant brands like Oven Story and Mandarin Oak.
With 450 cloud kitchens in 75 Indian cities, Rebel plans to expand to 800 kitchens in 200 cities by 2029.
Recent Rebel Foods developments
| Timeline |
|---|
03-Jul-2023 🇸🇦 Rebel Foods eyes $100m in revenue in Saudi Arabia expansion
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23-May-2022 🍫 Exclusive: Rebel Foods-owned 🍫 brand to invest up to $10m in Southeast Asia
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22-Dec-2021 💰 🇮🇳 Roundup: Rebel Foods ramps up hiring, and more
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14-Dec-2021 🍽️ Rebel Foods commits $150m for acquisitions, brands scale-up
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| 21-Oct-2021 🚀 Foodpanda, Rebel Foods team up to launch virtual food brands |
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