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Binny Bansal, the co-founder of Flipkart, has once again displayed his prowess as an investor by pouring an additional Rs 200 crore into Curefoods, a cloud kitchen startup. This investment, made through his fund Three State Ventures, brings the total funding in the current round to Rs 500 crore, skyrocketing the valuation of the company to approximately Rs 3,000 crore ($375 million).

Founded by Ankit Nagori, a former executive at Flipkart, Curefoods has made a name for itself by operating a diverse range of popular food brands including EatFit, Nomad Pizza, Sharief Bhai Biryani, Frozen Bottle, and CakeZone. With Bansal’s significant investment, the company is well-positioned to further establish its presence in the competitive food industry.

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Binny Bansal’s foray into investing has been nothing short of impressive. Besides Curefoods, he has also made investments in a variety of promising startups including Acko, Inshorts, Ula, Rupifi, and Cultfit. Known for his keen eye for disruptive business ideas, Bansal’s investments have often proven to be highly successful, generating substantial returns for both himself and the companies he supports.

Bansal’s strategic investments are a reflection of his keen business acumen and vision for the future. As a co-founder of one of India’s most successful e-commerce platforms, he has demonstrated his ability to identify and capitalize on emerging market trends. His track record as an entrepreneur and investor has earned him a reputation as a savvy and influential figure in the business world. By supporting innovative startups like Curefoods, Bansal is not only investing in their potential success but also contributing to the overall growth and development of the Indian business landscape. His continued involvement in shaping the future of Indian business showcases his commitment to fostering innovation and driving economic progress in the country.

As Binny Bansal’s investments continue to make waves in the startup ecosystem, it is evident that his entrepreneurial spirit and vision for growth remain strong. With his ongoing support and financial backing, promising startups like Curefoods are poised to reach new heights and disrupt the market in significant ways. Watch this space for more exciting developments from Binny Bansal and his ventures in the years to come.

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