Rebel Foods expects to double revenue this year at Rs 800 crore

Goldman and Sequoia-backed Rebel Foods, which claims to be the largest cloud kitchen with over 4,500 stores, is expecting to double its revenue to about Rs 800 crore in the current fiscal and expand overseas presence by entering more markets in Southeast Asia, Middle East & Northern Africa and the European Union, next year.

The company that became a unicorn recently after a USD 190 million funding from the Qatar Investment Authority, has flagship brands such as its wraps brand Faasos, Behrouz Biryani, Ovenstory Pizza, Mandarin Oak, Good Bowl, Slay Coffee, Sweet Truth, and Wendy's among others.

Founded by Jaydeep Barman and Kallol Banerjee in 2011, Rebel Foods claims to be the world's largest and internet restaurant company with 4,500 stores, up from 3,500 in FY21, including in nine foreign markets. In fact, the original founders began it in 2003 as a Calcutta Rolls chain in Pune out of sheer passion for home food and launched full-time from 2011.

Its largest brand in terms of ...