Acquisition · Commerce & Consumer Brands
Curefoods acquires pan-India rights for Krispy Kreme
By Startup Enthusiast ·
- Date
- Company
- Curefoods
- What it does
- cloud kitchen and food brand operator
- Kind
- Acquisition
- Based in
- Bengaluru
- Founded
- 2020
What they do
Curefoods operates cloud kitchens and food brands across India, including Krispy Kreme, EatFit, and Nomad Pizza
What happened
It acquired pan-India rights for Krispy Kreme, expanding into North India with 11 new stores in Delhi NCR
Why it matters
The acquisition follows earlier purchases of South and West India operations, now giving Curefoods control of over 100 Krispy Kreme outlets
The details
- Curefoods has acquired pan-India rights for Krispy Kreme, the global doughnut and coffee brand.
- The acquisition includes 11 new stores in Delhi NCR, comprising seven physical retail outlets and four cloud kitchens.
- Curefoods now operates over 100 Krispy Kreme outlets across India, including both dine-in and cloud kitchen formats.
- This follows an earlier acquisition of Krispy Kreme's South and West India operations in December 2024.
- The financial terms of the deal were not disclosed.
The bigger picture
- The cloud kitchen sector in India is growing rapidly, with a compound annual growth rate (CAGR) of 30–40% between 2019 and 2024.
- Curefoods aims to expand Krispy Kreme's presence in India, with a focus on Western markets like Mumbai.
- The company has previously acquired other food brands, including Yumlane and Sbarro.
About the business
- Curefoods operates a network of cloud kitchens and offline stores, offering a range of food and beverage brands.
- It has over 500 cloud kitchens and offline stores across India, with brands such as EatFit, Sharief Bhai Biryani, and Nomad Pizza.
- The company uses a 'house of brands' model, where multiple brands operate from shared kitchen infrastructure.
- Each brand focuses on a specific occasion or category, such as health, biryani, pizza, and desserts.
- Curefoods' brands are available on major food delivery platforms like Swiggy and Zomato.
What happens next
- Curefoods plans to expand Krispy Kreme's presence in Western markets like Mumbai.
- The company is reportedly planning to raise $300–400 million through an IPO in late FY26.
The deal
- Type
- acquisition
Founders
- Ankit Nagori, Founder and CEO
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.
Other articles talking about it
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