Rebel Foods gets $50 million more from US firm Coatue

NEW DELHI: Cloud kitchen operator Rebel Foods 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.

The latest equity financing round follows the $125 million raised by the Mumbai-based company in August last year, which was also led by technology-focused Coatue Management and saw participation from the investment arms of ride-hailing major GoJek and Goldman Sachs. That round valued the decade-old company at about $525 million.

In February, it had closed a $4.91 million venture debt round from Alteria Capital, according to data collated by industry tracker Tracxn.