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SAM acted for Faasos in $15m July round

“NEW DELHI: Rebel Foods, owneroperator of internet kitchen brand Faasos, is in talks with investors to raise a little over $100 million (Rs 735 crore), as it looks to enter overseas markets and expand both its product range and cloud kitchen presence nationally, three people aware of the development said. The round, which has already seen entry of new backers Sistema Asia Fund and UAE-based Evolvence, values the company at $200-220 million, according to persons cited earlier,” reported The Economic Times.

Shardul Amarchand Mangaldas & Co advised Faasos Food Services Private Limited led by a team of partner Siddharth Nair and senior associate Asmita Mishra.

2018-07-31

Deal value: US$ 15 million

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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