Curefoods files IPO papers, to raise Rs 800 crore via fresh issue

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Cloud kitchen operator Curefoods has filed its draft red herring prospectus to raise Rs 800 crore via fresh issue, alongside an offer for sale (OFS) of 48.5 million shares from investors including Accel, Chiratae Ventures, and Iron Pillar.

Founded in 2020 by former Flipkart executive Ankit Nagori, Curefoods houses a variety of brands like EatFit, Cakezone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle, among others. The Bengaluru-based company runs over 500 kitchens in 40 cities, with brands like CakeZone, Frozen Bottle, and Nomad…



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Curefoods files IPO papers, to raise Rs 800 crore via fresh issue



Cloud kitchen operator Curefoods has filed its draft red herring prospectus to raise Rs 800 crore via fresh issue, alongside an offer for sale (OFS) of 48.5 million shares from investors including Accel, Chiratae Ventures, and Iron Pillar.

Founded in 2020 by former Flipkart executive Ankit Nagori, Curefoods houses a variety of brands like EatFit, Cakezone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle, among others. The Bengaluru-based company runs over 500 kitchens in 40 cities, with brands like CakeZone, Frozen Bottle, and Nomad…



Source link

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.

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