Investors including Sistema are adding to the $125m of series D funding the on-demand food provider had secured as of last month.
India-based virtual kitchen operator Rebel Foods is raising a further Rs 2bn ($28m) in series D funding from investors including diversified conglomerate Sistema, Entrackr has reported.
Sistema’s Asia Fund is participating alongside investment banking firm Goldman Sachs, which is leading the tranche, growth fund Irving Investors and a backer called Northwest Industrial Logistics.
The cash will be added to the $125m Rebel had raised from ride hailing service Gojek’s Go-Ventures subsidiary, Goldman Sachs, Coatue Management, Sequoia Capital India, Lightbox…
