India, Oct. 21 -- When Ankit Nagori launched Curefoods in 2020, the cloud kitchen market was on the verge of an inflection point. Even though Rebel Foods had been around for years before that, many expected a mini boom within this space to match the investments in food delivery by aggregators.
But no one perhaps expected Curefoods to outpace its closest rival Rebel Foods to the IPO post.
The company's rise to prominence in this space has come in a flash, and its upcoming IPO will set the benchmark for the next generation of quick service restaurants and cloud kitchens.
The INR 800 Cr IPO is expected to put Curefoods' expansion drive into top gear, and its acquisition-centric strategy for growth will be put to the test again.
Indeed, a...
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