The capital will largely be invested to start operations in the UAE with 11 outlets in different locations and also to boost the retail presence in the regions they are operating.
With the support of Rebel Foods, which owns brands like Faasos and Behrouz Biryani, Zomoz has successfully established itself in 70 locations across 8 major cities, in the past six months.
Rebel Foods Thrasio-style portfolio, termed Rebel Launcher, aims to add 40 to 50 food categories, prioritising missions like premium North Indian, South Indian, Indian Sweets, Sandwiches, amongst others in the coming year.
This announcement comes on the back of Rebel Foods attaining unicorn status in October this year and with a promise to address more customer food missions by adapting a Thrasio like model for food.
Prakash with his expertise will oversee operations across Rebel’s 10 countries while building customer love through customer touchpoints for sustainable growth.
Orders for Rebel Foods’ brands on the foodpanda app on average grew 40% month-on-month in the past six months, with more than 200 outlets across the six markets signed up to add virtual brands to their existing food and beverage (F&B) offerings.