Private Equity

PE Fund Investments

Cloud kitchen startup Curefoods raises $25-M more from Binny Bansal’s Three State Ventures

Inc42  

Bengaluru-based cloud kitchen startup Curefoods has attracted an additional funding of INR 200 crore (around USD 25 million) from existing investor, Flipkart co-founder Binny Bansal’s Three State Ventures. The fresh capital will be used to expand the firm’s offline business.Founded by former Flipkart executive Ankit Nagori in 2020, Curefoods houses brands such as EatFit, Cakezone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle. The startup claims to be running over 200 cloud kitchens and offline stores that cater to over 10 cuisines across 15 cities in India.