Rebel Foods secures $210m series G funding from Temasek
It also saw investment from existing investor Evolvence.
Wendy’s India master franchisee and cloud kitchen brand operator Rebel Foods received $210m in a Series G funding round led by Singapore’s state-owned investment firm Temasek.
According to the group, the investment will be used to ‘solidify its position as a leader in the internet restaurant space’.
“We are honoured to have Temasek join us on our journey, alongside the continued trust of Evolvence. This funding reinforces our vision to keep strengthening our platform thereby enhancing our portfolio of brands, scaling our omnichannel presence, and driving operational excellence globally. As we enter this next phase of growth, we remain steadfast in our commitment to innovation, sustainability, and creating lasting value for our customers and stakeholders,” Jaydeep Barman, Co-founder and CEO of Rebel Foods said.
Aside from Wendy’s, Rebel Foods owns a variety of brands under one ecosystem from Faasos, Behrouz Biryani, Oven Story Pizza, Lunchbox, The Good Bowl, and Sweet Truth. The group has also been known for its innovative EatSure its D2C “Foodcourt on an App”.
Rebel Foods operates over 450 cloud kitchens and has a presence in the UAE and the UK.
