Ahead of its planned IPO, Curefoods India has raised Rs 160 crore in a pre-IPO placement from Flipkart co-founder Binny Bansal’s 3State Ventures. The company operates a network of cloud kitchens, restaurants, kiosks, and central kitchens across India.

Let’s take a look at the key factors of this funding and what it means for investors as well as for the company’s upcoming IPO .

Curefoods IPO: Pre-IPO placement details

Curefoods allotted 1.28 crore equity shares at Rs 124 per share to 3State Ventures. The placement was approved by the company’s board on September 10, 2025. It was ratified by shareholders on September 15.

These shares will be factored into the size of the upcoming IPO under regulatory norms.

Curefoods IPO: Binny Bansal connection

Binny Bansal is an existing invest

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