Rebel Foods picks up a 14% stake in FoodyBuddy
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Rebel Foods has picked up a 14% stake in hyperlocal food networking firm FoodyBuddy with an investment of Rs 5 crore, regulatory filings show. With this latest infusion, Rebel has increased its stake to 26% in the Prime Venture Partners-backed food networking platform. This is the third round of investment in FoodyBuddy. Previously, it raised Rs 6 crore from Prime Venture Partners in January last year.