Rebel Foods, an Indian company specializing in cloud kitchens, has closed a $210 million Series G funding round, ahead of its Initial Public Offering (IPO).
According to Rebel Foods, the round was led by Singapore’s Temasek Holdings, in partnership with Evolvence.
The funding will support Rebel Foods in expanding its operations and strengthening its portfolio of brands by issuing both new and existing shares.
This move allows some current shareholders to sell a portion of their stakes.
Qatar Investment Authority (QIA) is one of the major investors in Rebel Foods.
The company operates over 450 cloud kitchens worldwide, including in the Middle East, with investments in the Saudi and UAE markets currently valued at $1.4 billion.
Previously, Rebel Foods raised around $50 million through five debt financing rounds over the past two years.
The company is expected to go public with an IPO in 2026.
Read the article in
