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Rebel Foods raised Rs 100 crore in debt from Innoven capital and Trifecta Capital

Rebel Foods, a startup cloud kitchen company, raised a debt investment of Rs 100 crore from Innoven Capital and Trifecta Capital. Innoven and Trifecta each invested Rs 50 crore. Under 45 brands like Ovenstory Pizza, Faasos, and Behrouz Biryani, Rebel Foods manages 4,000 cloud kitchens. The board of Rebel Foods has decided to issue 10,000 Series E Non-Convertible Debentures at an issue price of Rs 1,000,000 per share in order to raise Rs 100 crore, or $12.5 million, according to a regulatory filing with the Registrar of Companies (RoC).

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