# Rebel Foods Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rebel-foods-private

- Industry: Food
- Headquarters: Mumbai, India
- Website: www.rebelfoods.com
- Total disclosed funding: $659M
- Latest round: Series G (Dec 12, 2024)
- Investors on record: 20

## About

Rebel Foods Private Limited, based in India, is the world's largest chain of internet restaurants specializing in innovative food brands. The company utilizes a robust operating system to scale culinary brands across diverse markets.Founded in 2011 in Mumbai, India, Rebel Foods Private Limited operates as a leading internet restaurant chain. The company was co-founded by Deepanjan Saha, Jaydeep Barman, Kallol Banerjee, and Raghav Joshi. The current CEO is Ankush Grover. As of December 19, 2024, KKR acquired a stake in the company during its most recent funding round, the SECONDARY STOCK PURCHASE, raising a total of USD 210.00 mn. The company has successfully completed 29 deals to date and holds a current valuation of USD 800.00 mn.Rebel Foods operates a diverse range of food brands, including Faasos, Ovenstory, Behrouz, Firangi Bake, and Sweet Truth, designed to cater to various meal occasions such as lunch and dinner. The company emphasizes leveraging technology for operational efficiency and innovation in culinary experiences, serving customers across 35 cities in India, the Middle East, and parts of Southeast Asia.In the most recent year, 2021, Rebel Foods reported revenue of USD 54.57 mn, with an EBITDA of USD -34.81 mn.Rebel Foods plans to leverage the recent investment from KKR to expand its presence in India and the Middle East, while also diversifying its portfolio by adding new food brands. The company is focusing on technological enhancements to improve operations and aims to introduce new product offerings in the coming year.

## Funding rounds

- Series G, Dec 12, 2024, $210M — Temasek Holdings, Evolvence Capital
- Series F, Nov 24, 2021, $14M — Alliance Semiconductor Corporation, HL Mando Corp., Acernis Ventures
- Series F, Oct 28, 2021, $175M — Qatar Investment Authority, Evolvence India, Coatue Management, inq. Holdings
- Series E, Jul 16, 2020, $27M — Coatue Management, Alteria Capital
- Series E, May 5, 2020, $50M — Coatue Management
- Series D, Aug 14, 2019, $99M — Hong Shan, Evolvence India, Coatue Management, Goldman Sachs Asset Management, Lightbox Ventures, Alteria Capital, Sistema Asia Capital, GoVentures, Irving Investors
- Series D, Mar 1, 2019, $16M — Hong Shan, Evolvence India, Lightbox Ventures, Alteria Capital
- Series C, Oct 31, 2018, $8.8M — Hong Shan, Alteria Capital, Kersiwood Holdings Limited
- Series C, Aug 30, 2018, $12M — Hong Shan, Evolvence India, RTP Global, Lightbox Ventures, Sistema Asia Capital
- Series C, Dec 8, 2017, $4.5M — Hong Shan, RTP Global, Lightbox Ventures
- Series C, Mar 31, 2017, $6.4M — Hong Shan, RTP Global, Lightbox Ventures, RB Investments
- Series C, Dec 31, 2015, $18M — Hong Shan, RTP Global, Lightbox Ventures, BEENEXT, RB Investments
- Series B, Mar 31, 2015, $14M — Hong Shan, Lightbox Ventures
- Series B, Feb 16, 2015, $1M — Hong Shan, Lightbox Ventures
- Series A, Dec 2, 2013, $3.3M — Hong Shan

## Investors

- Hong Shan — Series A, Series B, Series C, Series D
- Lightbox Ventures (https://capitalatlas.ai/funds/lightbox-ventures) — Series B, Series C, Series D
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series C
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series C
- RB Investments (https://capitalatlas.ai/funds/rb-investments) — Series C
- Evolvence India — Series C, Series D, Series F
- Sistema Asia Capital (https://capitalatlas.ai/funds/sistema-asia-capital) — Series C, Series D
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series C, Series D, Series E
- Kersiwood Holdings Limited — Series C
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series D, Series E, Series F
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D
- GoVentures — Series D
- Irving Investors (https://capitalatlas.ai/funds/irving-investors) — Series D
- Qatar Investment Authority (https://capitalatlas.ai/funds/qatar-investment-authority) — Series F
- inq. Holdings — Series F
- Alliance Semiconductor Corporation — Series F
- HL Mando Corp. — Series F
- Acernis Ventures (https://capitalatlas.ai/funds/acernis-ventures) — Series F
- Temasek Holdings — Series G
- Evolvence Capital (https://capitalatlas.ai/funds/evolvence-capital) — Series G