Foodtech Unicorn Rebel Foods' Loss Surges 55% To INR 564 Cr In FY22, Revenue Jumps To INR 857 Cr
Rebel Foods has posted a total revenue of INR 907 Cr in FY22, a 107.7% increase from INR 436.5 Cr it had posted in FY21
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Rebel Foods has posted a total revenue of INR 907 Cr in FY22, a 107.7% increase from INR 436.5 Cr it had posted in FY21
Bengaluru (Karnataka) [India], May 16 (ANI/PRNewswire): TagBox has announced that it is providing its AssetLens solution to Rebel Foods, the world's largest internet restaurant company, for real-time temperature, door-open and power consumption monitoring.
Rebel Foods has acquired a majority stake in SMOOR for an undisclosed amount, valuing the luxury chocolate brand at upwards of $50 million.
Foodtech unicorn Rebel Foods has acquired a majority stake in luxury chocolate brand SMOOR to consolidate its position as the Thrasio of food.
This is in line with Rebel Foods' recent announcement of investing $150 million over the coming years, as part of its focus on investing and acquiring promising brands to serve more food categories from its cloud kitchens.