Foodtech unicorn Rebel Foods has acquired a majority stake in chocolate brand SMOOR. Financial terms of the deal are not disclosed. With this investment, SMOOR eyes to grow by three times in FY 2022-23. This partnership would further help its growth, according to a statement. Founded in 2011 by Jaydeep Barman and Kallol Banerjee, Mumbai-based…
Rebel Foods, which owns brands like Faasos and Behrouz Biryani, has appointed former Amazon Vice President India Operations Prakash Dutta as its Global COO, according to PTI report. Dutta will now lead Rebel Foods in 10 countries and drive the next phase of global growth, Rebel Foods said in a statement. “As the Global COO…
Treebo Hotels, the Bengaluru-headquartered budget hospitality chain, announced that it has raised ₹10 crore from a group of angel investors. The list includes Vijay Shekhar Sharma, founder and CEO of Paytm; Jaydeep Barman, co-founder and CEO of Rebel Foods (Faasos); and Deepak Parayanken, Managing Director of Mozambique Holdings. Shantanu Deshpande, co-founder and CEO of Bombay…
Rebel Foods, Mumbai-based cloud kitchen operator, announced it has raised $50 million in a fresh funding round from existing investor, US-based hedge fund Coatue Management, according to its filings with the Registrar of Companies. Earlier in 2019, Coatue Management had led an equity financing round of $125 million in Rebel Foods. The financing round saw…