|
|
|
You can get e-magazine links on WhatsApp. Click here
|
|
|
|
|
|
Rebel Foods partners with Ashika Capital to change the face of cloud kitchens
|
|
Wednesday, 14 April, 2021, 08 : 00 AM [IST]
|
|
Our Bureau, Mumbai
|
Rebel Foods, the largest cloud kitchen company has roped in Ashika Capital, an investment banking firm to look after the growth and success of the company. It will be advising the company to grow its outreach by roping more independent cloud kitchens and expanding them further.
Within this partnership, the firm will help the company locate cloud kitchens from specific cities in an attempt to take them on a pan India level. The company already operates cloud kitchens for their own brands like Faasos, Behrouz Biryani and Oven Story. It also outsources kitchens for famous brands like Mad Over Donuts, Anand Sweets and Wendy’s. This partnership aims to bring more such brands, big and small, on board to give a boost to the cloud kitchen culture.
This collaboration comes at an extremely vital time as a sharp rise is seen in the number of cloud kitchens around the country since the onset of the pandemic. In such a scenario where more people are inclined towards ordering food online owing to the convenience and safety that comes along, this is a great opportunity for the company to expand its horizons.
Speaking about how the collaboration is going to benefit both the entities and the increasing popularity of the concept of cloud kitchens, Mihir Mehta, senior vice president at Ashika Capital said, “This association is hopeful to bring about positive changes in the food and beverage industry of the country and to place smaller and bigger cloud kitchens on the Indian map."
|
|
|
|
|
|
|
|
|
|