Cloud kitchen startup Rebel Foods is the latest entrant to the unicorn club following a $175 million Series F funding round led by Qatar Investment Authority (QIA), with participation from existing investors Coatue and Evolvence, at a valuation of $1.4 billion.
Rebel Foods operates over 450 kitchens globally across 60-plus cities in over 10 countries, with key brands such as Faasos, Behrouz Biryani, and Ovenstory Pizza.
Rebel Foods has become the 31st unicorn to emerge from the Indian startup ecosystem this year, and the cloud kitchen startup is eyeing further expansion globally following the latest fundraise.