Temasek receives CCI’s nod for investment in Rebel Foods

Temasek, a Singapore-based investment firm, has received approval from the Competition Commission of India (CCI) for its proposed investment in Rebel Foods, the parent company of brands like Behrouz Biryani and Faasos. The investment will help Rebel Foods expand its cloud kitchen network and introduce new food concepts. Temasek’s backing aligns with Rebel Foods’ long-term strategy of scaling operations and strengthening its position in the global food tech industry. The CCI approval marks a critical step in the deal, paving the way for further investments in India’s rapidly growing cloud kitchen and food delivery market. This development underscores the increasing interest of global investors in India’s food tech ecosystem.