CosmicTaco

Rebel Foods Secures $210M in Series G Funding

CosmicTaco · 2024-12-12T14:22:11.764711+05:30

- 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](https://www.moneycontrol.com/news/business/startup/rebel-foods-raises-210-million-in-funding-round-led-by-temasek-early-investors-exit-12888343.html)

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