Rebel Foods receives $15.8 mn from Sequoia Capital, Lightbox Ventures and Evolvence India
Rebel Foods, which runs Faasos, has also established brands like Oven Story, Firangi Bake, and Behrouz Biryani under its umbrella.
- Cloud kitchen restaurant company Rebel Foods, which operates the Faasos brand, has raised Rs 110 crore ($15.8 million) from venture capital firm Sequoia Capital India, Lightbox Ventures, and Evolvence India Fund.
- teamThe Pune-based online food delivery startup had raised $4.2 million (Rs 30 crore) from venture debt fund Alteria Capital this January.
- Media reports say that Sandeep Murthy, Founding Partner of Lightbox, suggested Rebel Foods opening a shop in Dubai, and the additional capital would be funding its expansion to other geographies.
- By Kilo, Box8, and FreshMenu, which recently raised $2.94 million (approximately Rs 21 crore) in a round led by Lightspeed Venture Partners.