Rebel Foods: revenue 2023

Rebel Foods Private Limited recorded a revenue of about 11.95 billion Indian rupees in the financial year 2023. The revenue increased in comparison to the previous year. Rebel Foods is a quick-service restaurant chain that operates 11 cloud kitchens. Headquartered in Mumbai, India, it owns brands like Faasos, Behrouz Biryani, and Mandarin Oak amongst others.

Revolutionizing culinary landscape through cloud kitchens

Rebel Foods Private Limited, originally a physical restaurant chain, underwent a strategic transformation in 2015 by introducing its first cloud kitchen. Today, Rebel Foods operates multiple cloud kitchen brands, serving a wide range of culinary preferences. These centralized kitchen facilities efficiently manage resources and streamline operations. By embracing this model, Rebel Foods minimizes risk and avoids the substantial capital expenses associated with traditional brick-and-mortar restaurants.

Fueling growth

The company has successfully secured over 500 million U.S. dollars in funding across 23 funding rounds propelling it into the coveted unicorn club. Their most recent funding was obtained through a debt financing round in 2023 wherein Qatar Investment Authority (QIA), the country’s sovereign wealth fund, played a key role.

Operating revenue of Rebel Foods Private Limited between financial year 2019 to 2023 (in billion Indian rupees)

Characteristic	Value in billion Indian rupees
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Release date

November 2023

More information

Region

India

Survey time period

FY 2019 to FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of December 2023).

Previous reports have been accessed for historical data.

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