In recent years, there has been a drastic shift in people’s dietary preferences. In fact, individuals are becoming much
more conscious of their health, prioritizing their well-being by opting for healthier food options. With this heightened awareness of health and nutrition, numerous innovative platforms have emerged in the market, assisting individuals to select the best food options seamlessly.
CureFoods is one such platform that incubates different food brands and operates advanced cloud kitchens, enabling
customers to choose from a diverse range of dining options that are not only flavorful but also healthful at the same time. Read further to learn more about Curefood’s founders, its funding, and its collaborations.
About Curefoods:
Curefoods is an Indian cloud kitchen platform that was initially introduced in 2020. With its headquarters in Bengaluru, Karnataka, such a startup specifically caters to the food and beverage industry. Currently, this foodtech has a workforce of 251 to 500 employees.
As mentioned, Curefoods aims to deliver people with the food they enjoy while also being nutritious and healthy at the same time. Such a food tech has incubated multiple brands and products, such as cloud kitchens, QSRs, and restaurants, along with edge-killing technology to offer on-demand food to its customers and to secure its long-term sustainability in the market.
Curefoods holds over 25 kitchens across four cities in India and has been incubating many reputed brands, including
Masalabox, Eatfit, Aligarh House Biryani, and Yumlane.
Curefoods Founder:
Curefoods is a brand that provides healthful and mouth- watering meals to its customers. This innovative platform is gaining a lot of popularity due to its multifaceted approach to adapting to the ever-changing requirements of the food sector.
Such an innovative platform was founded by Ankit Nagori, born in Bihar in October 1985. Notably, Ankit Nagori, the CEO of Curefoods, has obtained a Bachelor’s Degree from IIT Guwahati. Before Curefoods, Ankit Nagori held the position of Chief Business Officer at Flipkart from 2010 to 2016.
Besides Curefoods, Ankit founded two startups – Youthpad.com in 2007 and Simply Sport Foundation in 2020. Additionally, he is a co-founder of Curefit.
Mission and Vision of Curefoods:
Curefoods was designed to deliver nourishing and flavorful cuisine to its customers that they enjoy. The brand wishes to offer its services in a way that is good for the environment and supports its suppliers to grow.
In addition, Curefoods prioritized being eco-friendly and, as a result, is actively integrating waste management and eco- friendly packaging techniques to lower its environmental impact and minimize waste.
Curefoods Funding and Investors:
Curefoods has a strong funding history, with notable rounds including a recent Rs 300 crore venture round led by Three State Capital in April 2023 and a $50 million Series C round in June 2022 with investors like Chiratae Ventures, Alteria Capital, Accel India, NB Ventures, Iron Pillar, and Winter Capital.
With its collaboration with Maverix in January 2022, Curefoods has become the second-largest Cloud Kitchen brand in India. Currently, Curefoods has successfully raised $220 million from multiple investors led by 11 funding rounds
it has witnessed to date. It’s worth pointing out that In July 2022, Curefoods collaborated with two famous Bollywood stars, one with Varun Dhawan and another with Nora Fatehi.
However, Bollywood actress Nora Fatehi’s investment was justify undisclosed, and now she has officially become the brand ambassador of CakeZone- another Curefoods brand. Currently, Fatehi is actively working towards expanding
CakeZone’s presence to additional cities across India.
When it comes to Varun Dhawan, he has also collaborated with Curefoods and invested some considerable funds in the company. Now, he has subsequently assumed the brand ambassador position for one of Curefoods’ subsidiary
ventures, Eatfit.
Besides the partnership with Bollywood stars Nora and Varun, Curefoods has garnered support from countless investors, including Chiratae Ventures, Ex-Flipkart founder Alteria Capital, Accel, Trifecta Capital, Binny Bansal, and many more.
Curefoods Future Plan:
Curefoods is actively working towards expanding its presence in more than 20 cities by 2022. Such a platform plans to double its branches and brands, aiming to become a leading brand in the food sector.
After securing the rights to the U.S. pizza chain Sbarro, Curefoods focuses on the South Indian market. They’re
getting ready to grow in Kerala, Tamil Nadu, Telangana, Andhra Pradesh, and Karnataka over the next three years.
Wrap Up:
Curefoods is one of the leading platforms that specifically serves the food industry. Such a brand has gained a lot of
attention due to its innovative approach to delivering delicious and nutritious meals to individuals. Curefoods was introduced by Ankit Nagori in 2020, with its headquarters in Bengaluru, Karnataka.
The brand has collaborated with Bollywood stars like Nora Fatehi and Varun Dhawan with significant investments. With a focus on sustainability and a growing presence in over 20 cities, CureFoods is on its way to becoming a leading force in the food sector, particularly after acquiring U.S. pizza chain Sbarro.
