Curefoods India Limited, a leading digital-first multi-brand food services company, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an initial public offering (IPO). The offer includes a fresh issue of equity shares aggregating up to INR 800 crore and an offer-for-sale of up to 48.53 million shares by existing investors, including Iron Pillar PCC, Accel, Chiratae Ventures, and Curefit Healthcare.
Curefoods plans to use INR 152.54 crore from the proceeds for business expansion. This includes setting up new Krispy Kreme kitchens, restaurants, kiosks, and central kitchens, expanding current operations, and purchasing machinery and equipment.
As of March 31, 2025, Curefoods ranked as the second-largest digital-first food services company in India (excluding food marketplaces), and is the first in its segment to cross INR 750 crore in annual revenue within five years of operation. Its key brands—EatFit, CakeZone, Sharief Bhai Biryani, Nomad Pizza, Frozen Bottle, Millet Express, Olio Pizza, and Krispy Kreme—serve diverse price points and food occasions.
With 502 service locations across 70+ cities, Curefoods operates five central kitchens, 281 cloud kitchens, and 122 restaurants, supported by 13 warehouses and deep integration with food delivery platforms.
