Curefoods postpones IPO plan amid market volatility — report

Curefoods has postponed its planned Rs8bn ($83.9m) archetypal nationalist offering (IPO), contempt having already received regulatory clearance from the Securities and Exchange Board of India (SEBI).

According to The Economic Times report, the Indian unreality room relation paused its nationalist listing owed to volatile marketplace conditions. It added that Curefoods is adopting a “careful strategy”.

The institution filed preliminary papers with SEBI to rise funds done an IPO successful June 2025.

At the time, the IPO was structured arsenic a Rs8bn caller contented alongside an offer-for-sale of 48.5 cardinal equity shares by existing shareholders.

The offer-for-sale covered stock income by Accel India V, Alteria Capital Fund, Chiratae Ventures India Fund IV, Crimson Winter, Curefit Healthcare Global eCommerce Consolidation Fund and Iron Pillar PCC.

Curefoods' determination to hold its IPO aligns with a broader pullback among Indian startups, galore of which are delaying listings arsenic investors stay cautious. Other large players, including Flipkart and PhonePe, person besides enactment their listing plans connected hold.

Founded by Ankit Nagori, Curefoods operates a multi-brand unreality room web spanning Indian meals, pizza, desserts and health-focused offerings.

The institution operates brands specified arsenic CakeZone, Frozen Bottle, Sharief Bhai and Krispy Kreme.

In FY25, Curefoods reported gross of Rs7.45bn, up from Rs5.85bn successful FY24, portion losses narrowed somewhat to Rs1.7bn from Rs1.72bn.

Last September, Curefoods raised Rs1.6bn successful a pre-IPO circular that drew information from 3State Ventures, the concern limb of Flipkart co-founder Binny Bansal.

"Curefoods postpones IPO program amid marketplace volatility — report" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

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