Faasos parent Rebel Foods lands $125 Mn from US Co Coatue, others

Date posted: Friday 2 August 2019

Rebel Foods, which owns and operates multi-brand cloud kitchen platforms, has raised $125 million (about ₹864 crore) in a fresh round of funding, led by New York-based technology-focused hedge fund Coatue Management. The Series-D round, which is reported to have valued the nine-yearold company at $500-525 million and closed last month, also saw capital injection by Indonesian ride-hailing firm Go-Jek and Goldman Sachs.

(ET Tech)