Corporate-backed Rebel Foods raised series F funding to further develop its cloud kitchen platform, expand its global presence and acquire new brands.

Rebel Foods, an India-based virtual kitchen operator backed by corporates Gojek, Sistema and Northwest Industrial Logistics, has secured $175m in series F funding, reaching a valuation of $1.4bn.

The round was led by Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, and backed by Coatue Management and Evolvence India.

Founded in 2011, Rebel runs a network of more than 450 cloud kitchens that cook meals for delivery only, in 60 cities across 10 countries including India,…