Curefoods, the cloud kitchen startup behind popular brands like EatFit and Frozen Bottle, has raised ₹160 crore from Flipkart co-founder Binny Bansal in a pre-IPO funding round.
The investment comes as Curefoods prepares for its upcoming initial public offering (IPO). This fresh funding will strengthen the company’s balance sheet, expand operations, and give it a strong push before entering the public markets.
Founded by Ankit Nagori, a former Flipkart executive, Curefoods has built a portfolio of over 25 cloud kitchen brands across India. With this new capital infusion, the company aims to scale further and position itself as a leader in the cloud kitchen and quick-service restaurant space.
Binny Bansal’s backing is expected to boost investor confidence in Curefoods’ IPO journey, given his track record of building Flipkart into one of India’s largest e-commerce companies.
Summary Table
| Detail | Information |
|---|---|
| Company Name | Curefoods |
| Funding Amount | ₹160 Crore |
| Investor | Binny Bansal (Flipkart Co-founder) |
| Funding Type | Pre-IPO round |
| Purpose | IPO preparation, expansion, scaling |
| Key Brands | EatFit, Frozen Bottle, others |
| Founder | Ankit Nagori |
| Next Step | IPO launch (date to be announced) |
Key Takeaway
Curefoods has secured a major financial boost from Binny Bansal ahead of its IPO, signaling strong market confidence and setting the stage for its next phase of growth.
