New Delhi, Sep 26 (PTI) Cloud kitchens operator Curefoods India has raised around Rs 160 crore from 3State Ventures, the investment arm of Flipkart co-founder Binny Bansal, in a pre-IPO (initial public offer) funding round.

The placement was approved by the company's board on September 10 and by shareholders on September 15. It will be included while determining the size of the fresh issue under Sebi's norms.

In a public announcement on Friday, Curefoods India said it allotted 1.28 crore equity shares at Rs 124 apiece to 3State Ventures.

Founded in 2020 by Ankit Nagori, Curefoods' portfolio spans healthy food brands like EatFit and Millet Express, desserts, including CakeZone and Frozen Bottle, pizza players Olio Pizza and Nomad Pizza, Indian cuisine brands such as Sharief Bhai Biryani

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