Cloud kitchen platform Rebel Foods, formerly known as Faasos, has raised Rs 110 crore in funding from existing investors Sequoia Capital India, Lightbox Ventures and Evolvence India as part of its Series D1 round, regulatory documents sourced from business intelligence platform paper.vc show. The investment comes ahead of a $75-100 million funding round for which Rebel Foods has held talks with investors such as Multiples Alternative Asset Management, Temasek, Goldman Sachs, Falcon Edge and Canadian Pension Plan Investment Board, ET had reported in February. The new round is expected to value the company at $400 million. — The Economic Times

Jerome Merchant + Partners advised Evolvence India Fund II led by a team of partner Murtaza Somjee along with associate Minal Sangatwani.

Shardul Amarchand Mangaldas advised Faasos Food Services Pvt Ltd, led by partner Siddharth Nair along with senior associate Asmita Mishra.

Themis Associates advised Sequoia Capital India, led by associate partner Amritha Salian.

2019-03-14

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