The investment is part of Zomato's series-I financing round.
The brand expects to have 570 live PoS and plan to deploy CAPEX of Rs 18 crore.
The tea cafe chain further targets to have 100 stores by the end of the current fiscal year.
In India, Rebel Foods runs 325 internet kitchens.
With the latest fundraise, the food delivery platform has received $840 million in funding to date.
Chai Kings is aiming to reach a 100-store mark in the next five years.
The fresh capital will be utilized by the startup for deeper penetration into existing markets and foray into new territories.
The expansion plans come after the company has secured Rs 7.5 crore in Pre-Series-A funding round.
The brand plans to double its workforce by adding another 400 people through its restaurant network in the next 18 months.
At present, the brand has distribution networks across major Indian cities, with 12,000 outlets across states including Bihar, Maharashtra, Punjab,…
The Kerala-based company, earlier known as Intergrow Foods & Beverages Pvt Ltd, is part of Synthite Group, a value-added spices company.
Zesty Kitchen eyes to set up several regional and consumption-specific sub-brands, with a view to expand to more than 1,000 kitchens by 2025.
Lite Bite Foods is the food and beverage retail business led by Dabur Group Chairman Amit Burman.
Currently, LQI works on a B2B2C and HORECA (Hotel/Restaurant/Cafe) model.
The Kolkata-based company provides a diverse product portfolio that includes low-fat gelato (vegan and sugar-free options too!), gelato cakes, mouth-watering sundaes, thick milkshakes, mousses etc.
This move comes a month after the US-based Quick Service Restaurant (QSR) chain acquired full ownership of Connaught Plaza Restaurants Limited (CPRL) from its long-estranged business partner Vikram Bakshi.
The fresh capital will be used by the startup to expand the portfolio by adding a wide range of innovative superfood-based products across categories and to get the right talent across functions.
Rebel Foods owns an array of cloud kitchen brands like Faasos, Oven Story, Lunch Box, Behrouz, and The Good Bowl.
The start-up is planning to expand its footprint to 16 outlets in this financial year.
The Mumbai-based company owns and runs a bouquet of a fine-dining restaurant, cafe and lounge brands such as Social, Smoke House Deli, Salt Water Café, Mocha and Flea Bazar Café.
The proceeds of the Series C fundraise will be utilized by the company to support its growth plans.
The transaction has valued the company at $246 million.
Paytm’s move is marking its foray into the organised food technology for institutions category.
Launched in 2013, DoorDash is an app-based food delivery service that allows consumers to order food from their favourite restaurants.
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