Curefoods postpones Rs 800 crore IPO as mutual funds resist Rs 4,000 crore valuation
Cloud kitchen platform Curefoods has deferred its Rs 800 crore IPO despite securing Sebi approval, after mutual funds pushed back on its Rs 4,000 crore valuation. The pause mirrors similar IPO delays by Flipkart and PhonePe amid choppy markets.
Cloud kitchen platform Curefoods postponed its Rs 800 crore IPO despite Sebi approval, as mutual funds resisted its Rs 4,000 crore valuation. The deferral follows similar IPO pauses by Flipkart and PhonePe amid choppy markets.
Why this matters
Curefoods continues to stall its listing: after pulling back its IPO to hunt a pre-IPO cheque amid West Asia jitters, it now defers the Rs 800 crore issue as MF demand stalls at the Rs 4,000 crore valuation.
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