Cloud-kitchen brand Rebel Foods is reportedly seeking shareholder approval to invest up to Rs 35 crore in Bengaluru-based Dropkaffe Food and Beverages. Launched in 2015, Dropakaffe is an on-demand ready-to-drink beverage startup which follows no preservatives and only natural ingredients policy.
Recently, the Faasos parent entity had closed Rs 200 crore tranche led by Goldman Sachs in its Series D round. (Source)