Venture fund Winter Capital and others have invested Rs 3 crore (approximately $36.5 million) in Indian cloud food delivery service Curefoods. The unknown series round took place on April 6, 2023, according to Crunchbase data, which was reported by the RB.RU correspondent.
The company has raised $220 million in investments during the three years of its existence. The company intends to spend the funds raised in the last round on:
- diversification of the service format;
- opening new kitchens in Tier 1 and Tier 2 cities in India.
Curefoods was founded in 2020 by Ankit Nagori. The company operates brands like EatFit, CakeZone, Nomad Pizza, and Frozen Bottle. The service has more than 100 kitchens in 15 cities in India, which are served by seven food factories. By the end of 2023, the company intends to reach indicators of 2 million orders per month.
Author:
karina pardaeva
Source: RB
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