Curefoods raises $62 mn from Iron Pillar, Chiratae Ventures, Accel, others

Cloud kitchen company Curefoods has raised $62 million from Iron Pillar, Chiratae Ventures, Sixteenth Street Capital, Accel Partners and Binny Bansal. While $52 million came in equity funding, $10 million came in debt financing from Alteria Capital, BlackSoil Capital & Trifecta Capital.

Curefoods plans on utilising the investment to continue acquiring major cloud kitchen brands across the country. Additionally, the company expects to make further inroads by geographically expanding its multi-brand kitchens across the country and building a D2C platform for all its brands.

The company owns multiple brands and runs over 100 cloud kitchens nationwide. Curefoods’ growth in the