Curefoods Marks 5 Years, Prepares for Rs 800 Crore Market Debut
- Curefoods completes 5 years from launching EatFit in 2020 to building a diverse multi-brand QSR portfolio.
- Expansion focus on Tier II & III cities driven by rising incomes, digital payments, and cloud + offline formats.
- IPO plans filed with SEBI Rs 800 crore fresh issue plus 4.85 crore shares offer for sale.
Bengaluru-based quick-service restaurant (QSR) chain Curefoods has completed five years since its launch. The company, founded in 2020 with the launch of EatFit, today runs a wide portfolio of food brands across several Indian cities.
Ankit Nagori, Founder of Curefoods, marked the milestone on X (formerly Twitter). He said the company’s success came from 'dreaming big and executing with discipline', while highlighting the role of quality, customer trust, and team culture. He also noted that the five-year mark is not just a moment to celebrate but a reminder that Curefoods’ journey has only just begun. Nagori thanked employees, partners, investors, and customers for their support.
Over the past five years, Curefoods has grown through a mix of cloud kitchens and offline formats. Its portfolio includes Nomad Pizza, Olio Pizza, and Sharief Bhai Biryani. More recently, it acquired the South and West India operations of global doughnut brand Krispy Kreme. EatFit remains its flagship brand and has expanded to multiple cities.
The company is now sharpening its focus on Tier II and III cities, where rising disposable incomes, growth of the gig workforce, and digital payments are fueling demand for organised food services and delivery. Curefoods aims to use its existing supply chain and operational strength to build a stronger offline presence in these markets, while continuing to push its digital-first offerings.
Backed by marquee investors such as Accel India, Iron Pillar, Alteria Capital, Chiratae Ventures, and Binny Bansal, Curefoods is also preparing for its next big step an initial public offering (IPO). According to media reports, the company has filed its Draft Red Herring Prospectus (DRHP) with SEBI. The IPO will include a fresh share issue worth Rs 800 crore and an offer for sale of 4.85 crore equity shares by existing investors.
As Curefoods enters its next phase, the company says it is committed to scaling beyond metro hubs while keeping customer trust and quality at the center of its growth story.
