Archive · 26 Sep 2025
Curefoods Secures ₹160 Crore Pre-IPO Funding From 3State Ventures
Curefoods, a cloud kitchen company with brands like EatFit, received ₹160 crore from 3State Ventures, founded by Flipkart's Binny Bansal.
This funding is part of a pre-IPO round before the company goes public.
Curefoods, led by Ankit Nagori, plans an IPO for ₹800 crore.
The company's revenue grew, but it also reported losses.
Funds will be used to expand cloud kitchens, pay off debt, and for other operational needs.
Curefoods operates in multiple cities.
Curefoods raised ₹160 crore in pre-IPO funding from 3State Ventures.
The investment came from Binny Bansal's 3State Ventures.
Curefoods, led by Ankit Nagori, filed for an IPO of ₹800 crore.
The company's revenue grew to ₹7,458 crore in FY25 but reported a loss of ₹170 crore.
Funds will be used for cloud kitchen expansion and debt repayment.
- Who
- Curefoods and 3State Ventures
- What
- Curefoods secured ₹160 crore in pre-IPO funding.
- When
- September 2025
- Where
- India
- Why
- Funding precedes IPO
Company Growth
Investment and IPO
Financial Performance
Company Growth
The company experienced revenue growth in FY25.
Investment and IPO
The company also posted a loss in FY25.
- Company
- Curefoods
- Funding Amount
- ₹160 crore
- Investor
- 3State Ventures
- Lead
- Ankit Nagori
- IPO Plan
- ₹800 crore
- Revenue FY25
- ₹7,458 crore
- Loss FY25
- ₹170 crore
