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India Digest: Rebel Foods buys SMOOR; upGrad integrates Talentedge s business

Rebel Foods has acquired a majority stake in SMOOR for an undisclosed amount, valuing the luxury chocolate brand at upwards of $50 million.

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Rebel Foods Acquires Majority Stake In Chocolate Brand SMOOR

Foodtech unicorn Rebel Foods has acquired a majority stake in luxury chocolate brand SMOOR to consolidate its position as the Thrasio of food.

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Rebel Foods Acquires Majority Stake in Luxury Chocolate Brand SMOOR

This is in line with Rebel Foods' recent announcement of investing $150 million over the coming years, as part of its focus on investing and acquiring promising brands to serve more food categories from its cloud kitchens.

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Indian Govt Shelves Overseas Listing, Says Local Capital Markets Enough

India has shelved its plans to allow local startups for overseas listing. The country has shifted its focus to shore up its capital markets.

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Exclusive: Foodtech Major Rebel Foods Conducts $8 2 Mn ESOP Buyback

Cloud kitchen unicorn Rebel Foods will be conducting ESOP Buyback worth $8.2 Mn (INR 62.5 Cr) from its current and former employees

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