The company has scooped up $50 million from Coatue PE Asia in series E round. According to regulatory filings, Rebel Foods, which runs food brands such as Faasos among others, has allotted 5,627 Series E1 CCPS shares to Coatue PE Asia at a price band of Rs 6.39-6.74 lakhs per share to raise the aforementioned amount.
The price per share has inflated by nearly 39% as compared to the Series D round in September. At that time, Coatue PE Asia had invested $125 million in the third tranche of its Series D round. Post investment, the PE firm will control close to 22% stake in Rebel Foods.
Source: Entrackr
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