Qatar Investment Authority invests $25M in Rebel Foods
Rebel Foods, India’s top cloud kitchen operator, has raised a new $25 million investment from the Qatar Investment Authority (QIA) to fuel its aggressive expansion strategy. The funding worth approximately ₹200 crore will be utilised in expanding restaurant outlets in key metropolitan cities such as Mumbai, Pune, Bengaluru, and Delhi.
The investment is an upshot of Rebel Foods’ earlier funding round, which saw contribution from international investors like Temasek. The valuation of the company remains the same as the earlier round, an indication of sustained investor belief in its business model and growth path.
Rebel Foods intends to invest the fresh capital to expand its food court model under the EatSure banner with an emphasis on delivering multi-brand experiences under one roof. Rebel Foods has a portfolio of popular digital-first brands including Faasos, Behrouz Biryani, Oven Story, and Sweet Truth. The company is well-known for having started the cloud kitchen concept in India and has been consistently transitioning to hybrid formats combining online delivery with offline dine-in experience.
The recent investment by QIA is viewed as a firm vote of confidence in Rebel Foods’ technology-driven, scalable business model. It also underscores sovereign wealth funds’ growing interest in India’s vibrant food services sector, which is transforming fast to address the needs of Indian urban consumers.
With this capital, Rebel Foods will further embed its market presence and increase consumer access to its brands. The company will continue to emphasize innovation, customer experience, and strategic growth to continue leading the fast-growing cloud kitchen and quick service restaurant (QSR) segment in India.