Rebel Foods, the cloud kitchen startup that operates the Faasos brand, has been on a fundraising spree. Since March, the Mumbai-based firm has raised funds through multiple rounds, including $25 million from Goldman Sachs and Irving Investors, according to filings sourced by Paper.vc, a business intelligence platform.
Rebel Foods’ fundraising highlights peaking investor interest in food brands in India. Investments in food startups in the first 10 months of this year are double the amount for the whole of 2018.
