🇮🇳 Roundup: PUBG developer bets on audio content startup
Startups in India, including Loco and Kuku FM, raised at least US$61.5 million in funding over the past day from international and local investors.
Here’s a snapshot of the fundraising:
Here’s some important tech news from India today:
Curefoods buys majority stake in milkshake brand
The Accel Partners-backed cloud kitchen startup has acquired a majority stake in milkshake brand Frozen Bottle for an undisclosed amount.
With brands like CakeZone, Frozen Bottle, Lubov Patisserie, Cupcake Noggins, and Iceberg in its portfolio, Curefoods said that it is India’s largest dessert player in the cloud kitchen space.
A Rebel Foods rival, Curefoods aims to more than double Frozen Bottle’s footprint from 110 to 250 outlets this year.
Follow the rest of our India coverage here.
Editing by Deepti Sri and Lorenzo Kyle Subido
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