Flipkart co-founder Binny Bansal is going to expand his investment in Curefoods, a Bengaluru-based cloud kitchen startup.
With a reported USD 25 million to USD 30 million infusion, this will bring his total investment in the company to approximately USD 50 million.
Currently holding around 12 per cent stake in Curefoods, Bansal’s new investment is set to bolster his connection with the venture, strengthening further collaboration in the food tech sector.
Curefoods has seen substantial investment thus far, raising over USD 220 million from more than 25 investors.
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