News > Rebel Foods joins unicorn club after $175 million fundraise

Rebel Foods joins unicorn club after $175 million fundraise

07/10/2021 07:37 PM | Click to read full article

Rebel Foods, which operates a network of cloud kitchens and digital brands, has raised $175 million in a round led by Qatar Investment Authority (QIA), the country's sovereign wealth fund. Existing investors Coatue and Evolvence India also participated.

The Series F round turned the company into a unicorn of 2021 with a valuation of $1.4 billion. It is the 31st Indian startup to achieve the feat this year.

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