Flipkart co-founder Binny Bansal invests additional Rs. 200cr in Curefoods
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Flipkart co-founder Binny Bansal, through his fund Three State Ventures, has increased his investment in cloud kitchen start-up Curefoods by Rs. 200 crore. This brings the total funds invested to Rs. 500 crore, valuing the company at approximately Rs. 3,000 crore or around $375 million. The additional funding is expected to be used for offline expansion of popular brands such as Nomad Pizza and Sharief Bhai Biryani.