Faasos parent Rebel Foods becomes India's 3rd unicorn this week

Rebel Foods, owner of food brands like Faasos, has become the third Indian startup to turn unicorn this week. It has raised $175 million in Series F round led by Qatar Investment Authority, sovereign wealth fund of the State of Qatar, that valued it at $1.4 billion. This week also saw CoinSwitch Kuber and meat delivery startup Licious turn unicorns.