Cloud kitchen startup Rebel Foods raised Rs 100 crore in debt from Innoven capital and Trifecta Capital. Both Innoven and Trifecta invested Rs 50 crore each.
Rebel Foods operates 4,000 cloud kitchens under 45 brands such as Behrouz Biryani, Faasos, and Ovenstory Pizza. According to a regulatory filing with the Registrar of Companies, the board of Rebel Foods has passed a special resolution to issue 10,000 Series E Non-Convertible debentures at an issue price of Rs 1,000,000 per share to raise Rs 100 crore, or $12.5 million (RoC).
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Cloud kitchen startup Rebel Foods raised Rs 100 crore in debt from Innoven capital and Trifecta Capital. Both Innoven and Trifecta invested Rs 50 crore each.
Rebel Foods operates 4,000 cloud kitchens under 45 brands such as Behrouz Biryani, Faasos, and Ovenstory Pizza. According to a regulatory filing with the Registrar of Companies, the board of Rebel Foods has passed a special resolution to issue 10,000 Series E Non-Convertible debentures at an issue price of Rs 1,000,000 per share to raise Rs 100 crore, or $12.5 million (RoC).
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
