Funding · Commerce & Consumer Brands
Curefoods raises $13 million Series A
By Startup Enthusiast ·
- Date
- Company
- Curefoods
- What it does
- Cloud kitchen food brands operator
- Kind
- Funding
- Amount
- $13M
- Stage
- Series A
- Based in
- Bengaluru
- Founded
- 2020
What they do
Curefoods operates cloud kitchen brands like EatFit, Yumlane, and Aligarh House Biryani
What happened
It raised $13 million in Series A funding led by Iron Pillar, with participation from Nordstar and Binny Bansal
Why it matters
The company plans to use the funds to acquire digital food brands and expand its cloud kitchen footprint
The details
- Curefoods raised $13 million in Series A funding.
- The round was led by Iron Pillar.
- Participating investors included Nordstar and Binny Bansal, co-founder of Flipkart.
- Angel investors included Adil Allana, Rashmi Kwatra, Lydia Jett, and Kunal Shah.
- The company has raised a total of $20 million between seed and Series A rounds.
- Curefoods plans to close an additional $10 million debt raise in the coming weeks.
- Funds will be used to acquire digital food brands across geographies.
- The company will also expand its cloud kitchen footprint across multiple cities.
The bigger picture
- Online food delivery in India is highly fragmented, with almost no Indian-origin brands in the top ten.
- There is an opportunity to build and incubate brands across cuisines at meaningful scale.
- Curefoods is acquiring and incubating multiple cloud kitchen brands to capture this opportunity.
About the business
- EatFit is available in 9 cities.
- Sharief Bhai Biryani is available in 11 cities.
- OLIO Pizza is available in 26 cities.
- Arambam is available in 12 cities.
- Krispy Kreme is available in 7 cities.
- Nomad Pizza is available in 10 cities.
- CakeZone is available in 12 cities.
- Frozen Bottle is available in 7 cities.
- The company has over 25 kitchens across four cities in India.
- Curefoods is headquartered in Bengaluru and was founded in 2020.
What happens next
- Close an additional $10 million debt raise in the coming weeks.
- Use funds to acquire digital food brands across geographies.
- Expand cloud kitchen footprint across multiple cities.
- Build backend technology to manage multi-brand, multi-city kitchens.
The deal
- Type
- Series A
Investors
- Iron Pillar (lead)
- Nordstar (participated)
- Binny Bansal (participated) — Co-founder of Flipkart
Founders
- Ankit Nagori, Founder
About Curefoods
- Product
- cloud kitchen firm
- Customers
- Consumers ordering prepared food through delivery and dining channels.
- How it makes money
- Sells branded food through its kitchen and delivery network.
- What sets it apart
- Portfolio across multiple popular food brands and formats.
More on Curefoods
- Curefoods reports FY26 revenue of Rs 916 crore18 September 2026 · Results · N/A
- Curefoods files IPO for ₹800 crore12 September 2026 · IPO · ₹800 Cr
- Curefoods appoints Tarishi Mishra as head of brand marketing31 July 2026 · People
- Curefoods puts IPO on hold, eyes pre-IPO round8 June 2026 · IPO · ₹800 Cr
- Curefoods gets SEBI nod for ₹800 crore IPO25 October 2025 · IPO · ₹800 Cr
- Curefoods partners with Papacream for India, UAE expansion15 October 2025 · Partnership
- Curefoods raises ₹160 crore pre-IPO from Binny Bansal's fund26 September 2025 · Funding · ₹160 crore
- Curefoods plans to raise ₹800 crore via IPO to expand kitchens and brands10 September 2025 · IPO · Rs 800 crore