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Curefoods has secured INR 56.4 crore ($6.6 million) in debt financing, led by BlackSoil Group. This funding will support the company’s expansion strategy in India's cloud kitchen sector.

Mar 25, 20259 months ago

Amount Raised

₹564 Million

Round Type

series d

BengaluruFood And Beverage

Investors

Jitendra Kumar BansalCaspian InvestmentsBinny BansalBlack Soil Group

Description

Curefoods, a prominent player in the cloud kitchen sector, has successfully raised INR 56.4 crore ($6.6 million) in its first debt round of 2025. The funding was led by BlackSoil Group, with participation from Binny Bansal and Caspian Investments. The additional capital will be utilized to bolster the company’s working capital and support its growth initiatives. Curefoods aims to strengthen its market position through this recent investment.

Company Information

Company

Curefoods

Location

Bengaluru, Karnataka, India

About

Curefoods is at the forefront of transforming the food and beverage industry in India, driven by a passion for delivering exceptional culinary experiences. Founded by Ankit Nagori in 2020, we are a leading house of F&B brands, committed to blending innovation, quality, and authenticity in everything we do. Our diverse portfolio includes some of the country’s most beloved brands, such as Kitchens of EatFit, CakeZone, Nomad Pizza, Sharief Bhai Biryani, Frozen Bottle, Arambam, Olio Pizza, and Krispy Kreme. Each brand is a reflection of our dedication to offering unique and delicious options, catering to a variety of tastes and preferences.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech