Hedge fund manager Coatue Management invested $50m in the Gojek, Sistema and Northwest Industrial-backed cloud kitchen operator.
Rebel Foods, an India-based online restaurant backed by corporates Gojek, Sistema and Northwest Industrial Logistics, has collected $50m from hedge fund Coatue Management, the Economic Times has reported, citing a regulatory filing.
The investment follows reports in February this year that the company was looking to raise the money at a $1bn valuation as part of a round sized between $100m and $150m. It has not disclosed details of any additional financing this time but has now raised more…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
