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Image Credit: Shortpedia

Rebel Foods’ valuation soars to $820 Mn with latest tranche from Coatue

Shortpedia

Content Team

The number of unicorns have increased over three-fold from 15 in 2018 to 52 in 2019, according to a Nasscom report. While the number of new unicorns this year would be few because of Covid-19 pandemic, full stack foodtech company Rebel Foods (aka Faasos) appears to be advancing towards the coveted $1 billion valued club. Rebel Foods has received $26.5 million (Rs 198.85 crore) from Coatue Management in the extended Series E round.