In a major pre-IPO move, 3State Ventures, the Singapore-based investment firm founded by Flipkart co-founder Binny Bansal, has invested Rs 160 crore in Curefoods, the health-focused food delivery company, ahead of its initial public offering (IPO). The development signals strong investor confidence in the rapidly growing Indian food-tech and wellness market.
According to Curefoods’ filing with…

