News > Cloud kitchen startup becomes third Indian unicorn this week
Cloud kitchen startup becomes third Indian unicorn this week
LiveMint | 07/10/2021 04:40 PM | Click to read full article
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.
Existing investors Coatue Management and Evolvence Group joined the funding at a $1.4 billion valuation for the Mumbai-headquartered company, which operates cloud kitchens and calls itself the world's largest internet restaurant company.