Curefoods pauses Rs 800 cr IPO as market volatility forces tech-IPO retreat
The cloud kitchen operator behind EatFit, CakeZone and Krispy Kreme India has put its SEBI-approved Rs 800 crore IPO on hold, joining Flipkart and PhonePe in deferring listings. FY25 revenue rose to Rs 745.8 crore from Rs 585.1 crore, with losses flat at Rs 170 crore.
Curefoods has reportedly paused its SEBI-approved Rs 800 crore IPO citing market volatility, joining Flipkart and PhonePe in deferring listings. The cloud kitchen operator runs EatFit, CakeZone, Krispy Kreme and posted Rs 745.8 crore FY25 revenue.
Why this matters
Curefoods' pause aligns with a broader tech-IPO retreat, as the cloud kitchen operator weighs timing despite 27% revenue growth and contained losses across its EatFit and CakeZone portfolio.
Retail-company signals steady at 2,302 over 90 days, with IPO deferrals emerging as a recurring pattern.