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Rebel Foods to invest 35 cr in Bengaluru startup DropKaffe
October 17, 2019
Rebel Foods, largest cloud restaurant company is looking to invest 35cr in Bengaluru based startup called ‘DropKaffe’.
DropKaffe is a food and beverages, a food processing company that had raised $2 million in funding from institutional and angel investors between 2015-17.
Rebel Foods also operates internet kitchen brands like Faasos and Berhouz Biryani.
DropKaffe has not yet received approval from shareholders for the investment. The documents also showed the investments may be in one or more tranches.
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