Curefoods raised $25M in a Series D funding led by Three State Ventures to expand its cloud kitchen and offline stores across India.
Mar 18, 2024•over 1 year ago
Amount Raised
$25 Million
Round Type
series d
Investors
Three State Ventures
Description
Curefoods, a Bengaluru-based cloud kitchen firm, has secured an additional $25 million in its Series D round from Three State Ventures, a fund launched by Flipkart co-founder Binny Bansal. This latest infusion brings the total funding raised by Curefoods to $155 million, as reported by Tracxn. The company competes with other cloud kitchen firms and operates over 200 cloud kitchens and offline stores across 15 cities in India.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech