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Rebel Foods, which operates a large network of dark kitchens in nearly a dozen markets, is the latest Indian startup to attain the unicorn status. The 10-year-old Indian startup said on Thursday it has raised $175 million in its Series F financing round that valued it at $1.4 billion, up from about $800 million last […]
India got its 31st unicorn on October seventh when Rebel Foods raised $175 million in a Series F round led by Qatar Investment Authority (QIA).
The new round led by Qatar Investment Authority, Coatue and Evolvence, takes Rebel Foods’ valuation to $1.4 Bn; eyes IPO in 18-24 months.
With this investment, Rebel Foods has become the third unicorn to enter the coveted unicorn club after CoinSwitch Kuber and Licious in just three days.
(Bloomberg) -- Rebel Foods Pvt has become at least the third Indian startup to achieve a billion-dollar valuation this week after securing $175 million in a funding round led by the sovereign wealth fund Qatar Investment Authority.