KKR: investment in India's Rebel Food

(CercleFinance.com) - KKR announces an investment in Rebel Food, an Indian company that operates a network of kitchens and prepares meals exclusively for online delivery, without physical outlets.
NB: cp -5.5%; pmt +1.8%.

The investment will support Rebel Foods' growth, including expansion in India and the Middle East, as well as the addition of new brands to its portfolio.

Founded in 2011, Rebel Foods is now the world's largest multi-brand cloud kitchen platform, with 450 cloud kitchens and over 5,000 online restaurants in more than 70 cities across India, the United Arab Emirates and the UK.

We are delighted to invest in Rebel Foods, the largest cloud kitchen operator, using technology to offer a variety of cuisines to consumers, KKR said.

This transaction is part of KKR's Asia-Pacific strategy to support the growth of innovative companies.


Copyright (c) 2024 CercleFinance.com. All rights reserved.