QIA led a $175m Series F funding round in Rebel Foods.

Qatar Investment Authority, a sovereign wealth fund of the State of Qatar, led a $175m Series F funding round in Rebel Foods, an Indian online restaurant company, valuing the company at $1.4bn. The round was joined by Coatue and Evolvence. “While we are excited about becoming the next unicorn, our focus continues to remain on improving customer experience the Rebel way. This round of funding will be re-invested in building our technology, increasing our global presence and also acquiring new brands. Rebel Foods is working towards an IPO in the next 18-24 months,” Piyush Kakkad, Rebel Foods CFO.