[Portfolio News] Curefoods and Maverix merge to form cloud kitchen giant[Portfolio News] Curefoods and Maverix merge to form cloud kitchen giant
Zephyr Peacock invests in small and medium sized enterprises operating across financial services, food and agriculture, and infrastructure ancillaries sectors.
Click here to read the full article on ‘YourStory’
Below is an excerpt from the post that first appeared on YourStory on 27 January 2022:
Cloud kitchen company Curefoods has announced a merger with Maverix, a Mumbai-based food tech player which has raised funds in the past from the likes of Accel Partners, Zephyr Peacock, and Swiggy.
The merger would allow Maverix to accelerate its manufacturing capabilities and market presence.
Following the merger with Maverix, which operates over 50 outlets across Delhi, Mumbai, and Bengaluru, Curefoods has become the second-largest cloud kitchen player in India in terms of footprint, with the largest manufacturing capability in the fresh food space, according to a statement.
