Rebel Foods, best known for its cloud-kitchen brands Faasos, Behrouz Biryani, and Oven Story Pizza, is looking to raise a fresh funding round of $100-150 million at a valuation of $1 billion, The Times of India reported.
The Indian foodtech startup had attained a valuation of over $500 million when it raised $125 million from Goldman Sachs, Sequoia Capital, and Indonesia’s GOJEK and others about six months ago. Earlier this month, the company had also raised Rs35 crore in debt funding from venture debt fund Alteria Capital.
