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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.
Cloud kitchen unicorn Rebel Foods will be conducting ESOP Buyback worth $8.2 Mn (INR 62.5 Cr) from its current and former employees