Indian cloud kitchen startup Curefoods raises $43 million at a $400 million valuation

Indian cloud kitchen startup Curefoods raises $43 million at a $400 million valuation
Photo by Jason Briscoe / Unsplash

Curefoods, an India-based cloud kitchen startup has raised $43 million in a Series C funding round led by Winter Capital, at a $400 million valuation.

  • The funds will be used to support its plans to enter new markets and make new acquisitions, the firm claims.
  • Curefoods is a cluster of cloud kitchens operating in 12 cities including Delhi, Mumbai, and Bengaluru.
  • The startup has acquired 15 brands out of 20 in its portfolio and further acquires, incubates, and licenses other food brands.
  • Three State Capital, Chiratae Ventures, Accel, and Iron Pillar among others participated in the funding round.