Rebel Foods has successfully raised Series G funding through a combination of primary and secondary transactions. The funding round saw investments from global investment firm Temasek, along with significant transactions involving the sale of shares by existing shareholders to Temasek and KKR.
This funding marks another milestone for Rebel Foods, which operates popular cloud kitchen brands such as Faasos, Behrouz Biryani, and Oven Story. The investment underscores the company’s growth potential and its ability to attract high-profile investors despite economic headwinds.
The Series G funding involved multiple legal advisors, each representing key stakeholders in the deal. INDUSLAW played a pivotal role, advising Peak XV Partners on the partial sale of their shareholding in Rebel Foods to Temasek and KKR. The INDUSLAW team was led by Rashi Saraf, Partner, and Rohit Jain, Principal Associate, who provided strategic guidance to Peak XV Partners during the transaction.
Other legal firms also played critical roles in facilitating the deal. AZB & Partners represented KKR, while JSA Advocates & Solicitors advised Temasek. Trilegal provided legal counsel to Rebel Foods Private Limited, ensuring that the transaction proceeded smoothly from all sides.
This funding round is expected to fuel Rebel Foods' ambitious plans for expansion and innovation. As a pioneer in the cloud kitchen space, the company has leveraged its tech-enabled platform to deliver seamless operations across multiple brands and geographies. The additional capital will likely enable Rebel Foods to enhance its operational efficiencies, explore new markets, and expand its portfolio of brands.
As per a press statement, the involvement of prominent investors like Temasek and KKR highlights the sustained interest in the Indian food technology sector. Rebel Foods' innovative business model and strong market presence have made it a compelling prospect for investors seeking to capitalise on the rapidly growing online food delivery and cloud kitchen market in India.
The partial exit of Peak XV Partners reflects the maturity of Rebel Foods as an investment opportunity, while also signalling continued confidence in its future trajectory. This Series G funding reaffirms the strong investor sentiment in scalable and tech-driven ventures within the food and beverage sector.
Rebel Foods’ successful funding round showcases the dynamic interplay of technology, innovation, and investor interest, setting the stage for further growth in the Indian food-tech industry.
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