Rebel Foods raises Rs 75 Cr in debt funding from Northern Arc, Stride Ventures
The funding round is Rebel Foods' fourth debt financing round so far, possibly to finance its working capital requirements.
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The funding round is Rebel Foods' fourth debt financing round so far, possibly to finance its working capital requirements.
Rebel Foods signed an agreement with the US-based fast food chain Wendy's to develop and expand its offline restaurants in India
A company spokesperson confirmed that the impacted number is less than 2% of Rebel Foods' workforce.
Rebel Foods has laid off nearly 2% of its workforce. The startup attributed the layoffs to annual performance evaluation.
Including the current fundraising, Rebel Foods has cumulatively secured INR 225 Cr as debt funding so far in 2022