The Indian cloud kitchen revolution is about to get a major boost as Curefoods, the company behind brands like EatFit, CakeZone, and Krispy Kreme, gears up for its debut on Dalal Street. The Securities and Exchange Board of India (SEBI) has reportedly approved Curefoods’ Rs 800 crore initial public offering (IPO), marking a significant milestone for the Bengaluru-based startup.
With the IPO…
Bengaluru, India: Cloud kitchen operator Curefoods has secured Rs 160 crore ($18 million) in a pre-IPO placement from 3State Ventures, the investment arm of Flipkart co-founder Binny Bansal. The company allotted 1.28 crore equity shares at Rs 124 per share to 3State Ventures, signaling strong investor confidence ahead of its public listing.
IPO Plans and DRHP Filing
Curefoods filed its draft red…
In a major move that’s set to sweeten the Indian food scene, Curefoods, a fast-growing food and beverage house, has acquired the South and West India operations of the iconic Krispy Kreme brand. Krispy Kreme, known globally for its delicious doughnuts and coffee, has been a favorite among Indian consumers, and this acquisition will allow Curefoods to expand its reach across the country.
The deal…
