SaralnamaBengaluru-based cloud kitchen company Curefoods is preparing for an IPO. SEBI has approved their initial public offering to raise ₹800 crore. The company operates brands like EatFit, CakeZone, and Krispy Kreme. Curefoods will issue new shares and some investors will sell 4.85 crore shares in an offer-for-sale. Founder and CEO Ankit Nagori won't sell his shares. The company plans to use the funds for new cloud kitchens, infrastructure improvement, debt repayment, and marketing. Curefoods doubled its revenue in the past two years but is still making losses. To participate in the IPO, investors can apply through their bank or stockbroker when it opens. (Updated 25 Oct 2025, 22:21 IST; source: link)
Key Points
- Bengaluru-based cloud kitchen company Curefoods is preparing for an IPO
- SEBI has approved their initial public offering to raise ₹800 crore
- The company operates brands like EatFit, CakeZone, and Krispy Kreme