2011
Mumbai (India)
Series G
Rebel Foods is the world’s largest cloud kitchen company, headquartered in Mumbai, India. Operating across 10 countries with over 450 cloud kitchens, Rebel Foods has revolutionized the food delivery industry by leveraging technology and innovative business strategies. Initially launched as Faasos, the company transitioned to a multi-brand cloud kitchen model in 2015, focusing exclusively on delivery-based virtual restaurants.
Rebel Foods stands out by offering:
A scalable cloud kitchen model that minimizes real estate costs while ensuring operational efficiency.
A tech-driven platform for streamlined food preparation, order management, and delivery optimization.
Consistent quality across diverse cuisines through standardized processes.
Global expansion with localized menus tailored to regional tastes.
Rebel Foods operates on a full-stack food tech business model centered around cloud kitchens. This model eliminates the need for dine-in spaces, significantly reducing overhead costs while enabling rapid scalability. It's primary revenues sources are:
Food Sales: Core revenue (96.7% of FY24 operating revenue) comes from selling food through owned kitchens and delivery platforms like Swiggy, Zomato, and EatSure.
Franchise Operations: Income from franchise fees and royalties through partnerships with brands like Wendy’s.
Delivery Services & Commissions: Earnings from storage fees, delivery services, cancellation compensations, and commissions on third-party brand operations via the Rebel Launcher Program.
Non-Operational Income: Interest income and gains on financial assets contributed ₹65 crore ($7.8 million) in FY24.
Rebel Foods caters to diverse customer segments:
Urban Millennials & Professionals: Quick meals for busy lifestyles via brands like Faasos and Ovenstory Pizza.
Families & Food Enthusiasts: Premium offerings such as Behrouz Biryani and Mandarin Oak for home dining experiences.
Third-Party Restaurants (B2B): Through Rebel Launcher Program partnerships.
Rebel Foods employs a multi-pronged growth strategy:
Global Expansion:
Operates in 10 countries including India, UAE, UK, Indonesia, Singapore, Malaysia, Thailand, Bangladesh, Hong Kong, and the Philippines.
Brand Diversification:
Continuously innovates with new culinary brands to cater to evolving consumer tastes.
Technology Integration:
Utilizes data analytics for menu optimization and customer insights via its proprietary Rebel Operating System.
Strategic Partnerships & Acquisitions:
Collaborates with global chains like Wendy’s while acquiring brands like Smoor to expand offerings.
Rebel Foods has redefined the restaurant industry with its innovative cloud kitchen model that prioritizes scalability, efficiency, and customer satisfaction. By combining technology-driven operations with a diverse portfolio of culinary brands, Rebel Foods has emerged as a global leader in the food delivery space. With strong financial backing, strategic partnerships, and continuous innovation, Rebel Foods is well-positioned to drive further growth while setting benchmarks for the future of food tech globally. Investors, researchers, and industry professionals can view Rebel Foods as a trailblazer in transforming how food is prepared and delivered worldwide.
$587 Million
23
$25 Million, Series G
as of April 22, 2025
$1.4 Billion
as of April 22, 2025
2.39
as of April 22, 2025
Peak XV Partners
and 3 more3129
Posha
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
April 22, 2025 | Series G | $25 Million | $1.4 Billion | - | - | Qatar Investment Authority |
December 12, 2024 | Series G | $45.8 Million | $1.4 Billion | - | - | Temasek, KKR, Jongsong Investments, Innoven Capital, Alteria Capital |
August 4, 2023 | Series F | $3 Million | $1.4 Billion | $166 Million | - | Alteria Capital, Innoven Capital, Trifecta Capital, Stride Ventures |
July 20, 2021 | Series F | $190 Million | $1.3 Billion | $79.8 Million | - | Coatue, Alteria Capital, Acernis Ventures, Peak XV Partners |
July 23, 2020 | Series E | $26.5 Million | $768 Million | $74.2 Million | - | Coatue |
April 10, 2020 | Series E | $76.4 Million | $702 Million | $79.9 Million | 8.1x | Coatue |
January 29, 2020 | Series D | $278 K | - | $75.6 Million | - | Brand Capital, Alteria Capital |
June 24, 2019 | Series D | $125 Million | - | $53.8 Million | - | Coatue, Lightbox, Goldman Sachs, Sistema Asia Capital, Irving Investors, Peak XV Partners, Thayer Park Holdings Corp |
March 1, 2019 | Series D | $15.9 Million | $387 Million | $44.4 Million | - | Lightbox, Evolvence India, Peak XV Partners, Alteria Capital, Sequoia Capital |
August 30, 2018 | Series C | $21 Million | $207 Million | $32 Million | - | Peak XV Partners, Evolvence India, Sistema Asia Capital, Lightbox, Alteria Capital, Sequoia Capital |
December 31, 2015 | Series C | $30 Million | - | $9.2 Million | - | Beenext, RB Investments, Lightbox, RTP Global, Peak XV Partners |
February 16, 2015 | Series B | $14.8 Milllion | $58.5 Million | $6.1 Million | - | Lightbox, Peak XV Partners |
December 2, 2013 | Series A | $3.2 Million | $24 Million | - | - | Peak XV Partners |
November 6, 2012 | Series A | $8.7 Million | - | - | - | Peak XV Partners |
September 8, 2011 | Seed | $1.4 Million | - | - | - | Peak XV Partners |