About Curefoods
Curefoods is a company based in Bengaluru (India) founded in 2020 by Ankit Nagori.. Curefoods has raised $174.75 million across 16 funding rounds from investors including BlackSoil, EatFit and Accel. The company has 2,507 employees as of March 18, 2025. Curefoods has completed 19 acquisitions, including Ammi's Biryani, Cakezone and Chaat Street. Curefoods operates in a competitive market with competitors including Rebel Foods, Biryani By Kilo, Potful, FreshMenu and Charcoal Eats, among others.
- Headquarter Bengaluru, India
- Employees 2507 as on 18 Mar, 2025
- Founders Ankit Nagori
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Curefoods India Limited
- Date of Incorporation 10 Oct, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$49.48 M (USD)339.13as on Mar 31, 2023
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Net Profit
$-41.21 M (USD)-381as on Mar 31, 2023
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EBITDA
$-36.69 M (USD)-431.64as on Mar 31, 2023
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Total Equity Funding
$174.75 M (USD)
in 16 rounds
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Latest Funding Round
$6.6 M (USD), Debt – Conventional
Mar 24, 2025
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Investors
BlackSoil
& 56 more
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Employee Count
2507
as on Mar 18, 2025
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Investments & Acquisitions
Ammi's Biryani
& 18 more
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Funding Insights of Curefoods
Curefoods has successfully raised a total of $174.75M across 16 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $6.6 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 16
- Last Round Debt – Conventional — $6.6M
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First Round
First Round
(25 Aug 2021)
- Investors Count 57
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Debt – Conventional - Curefoods | Valuation |
investors |
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| Feb, 2025 | Amount | Angel Round - Curefoods | Valuation |
investors |
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| Nov, 2024 | Amount | Series D - Curefoods | Valuation | Chiratae Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Curefoods
Curefoods has secured backing from 57 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BlackSoil, EatFit and Accel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Impact investments are managed by the B Corp-certified firm.
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Founded Year | Domain | Location | |
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Growth capital provision and investment services for tech entrepreneurs across multiple locations.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Curefoods
Curefoods has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include Ammi's Biryani, Cakezone and Chaat Street. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Olio is engaged in providing pizza and related food items.
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2020 | ||||
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Chaat dishes are served at restaurants in Bengaluru.
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2019 | ||||
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A chain of limited-service restaurants is operated to serve pizza.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Curefoods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Curefoods Comparisons
Competitors of Curefoods
Curefoods operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rebel Foods, Biryani By Kilo, Potful, FreshMenu and Charcoal Eats, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category food products are offered via an internet restaurant platform.
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| domain | founded_year | HQ Location |
Internet first restaurant offering on demand food delivery for consumers
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| domain | founded_year | HQ Location |
On-demand food products are provided by an internet-first restaurant.
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| domain | founded_year | HQ Location |
On-demand meals are delivered via an online platform.
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| domain | founded_year | HQ Location |
Cloud-based restaurant services are operated via mobile app in Mumbai.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Curefoods
Frequently Asked Questions about Curefoods
When was Curefoods founded?
Curefoods was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Curefoods located?
Curefoods is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Curefoods?
Ankit Nagori is the current CEO of Curefoods. They have also founded this company.
Is Curefoods a funded company?
Curefoods is a funded company, having raised a total of $174.75M across 16 funding rounds to date. The company's 1st funding round was a Series D of $16.54M, raised on Aug 25, 2021.
How many employees does Curefoods have?
As of Mar 18, 2025, the latest employee count at Curefoods is 2,507.
What is the annual revenue of Curefoods?
Annual revenue of Curefoods is $49.48M as on Mar 31, 2023.
What does Curefoods do?
Curefoods was established in 2020 in Bengaluru, India, within the food technology sector. Cloud kitchens are managed through a technological framework that handles ingredient sourcing, preparation, and customer outreach. Advanced equipment is utilized in kitchens to maintain food safety and hygiene standards. Digital systems are employed to oversee multi-brand activities across various delivery platforms. Services encompass direct-to-consumer distribution and incubation support for expanding food enterprises.
Who are the top competitors of Curefoods?
Curefoods's top competitors include Rebel Foods, Biryani By Kilo and FreshMenu.
How many acquisitions has Curefoods made?
Curefoods has made 19 acquisitions, including Ammi's Biryani, Cakezone, and Chaat Street.
Who are Curefoods's investors?
Curefoods has 57 investors. Key investors include BlackSoil, EatFit, Accel, United States Department of Agriculture, and LetsVenture.
What is Curefoods's valuation?
The valuation of Curefoods is $450.58M as of Nov 2024.
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