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Curefoods (EatFit) | A cloud kitchen running several brands out of one kitchen

2026.03.26

Article summary

Curefoods is a cloud kitchen operator founded in Bengaluru in 2020. Its founder is Ankit Nagori, formerly of Flipkart. It holds several brands including EatFit, Nomad Pizza, and Sharief Bhai Biryani, with 502 locations across more than 70 cities as of the end of March 2025. Operating revenue for FY2026 (fiscal year ended March 2026) was ₹916 crore (1 crore = 10 million rupees), up 23% year on year, with a net loss of ₹192 crore. Cumulative funding is about 255.95 million dollars. It obtained SEBI approval but passed on a listing in June 2026.

This article is based on what we could verify As of September 19, 2026 This page is based on the disclosures and news reports from each company that we were able to confirm as of that date. Amounts in the text follow the notation commonly used in India, with ₹1 crore = 10 million rupees, and yen figures are approximations calculated at a little over 1.7 yen to the rupee. Store counts, funding raised, and results at Indian companies change over short periods, so when making a business decision, please check the latest information in primary sources such as each company's own announcements.

Curefoods is a cloud kitchen operator that has bought up several restaurant brands such as EatFit and Nomad Pizza and serves them at the same time from one kitchen. Ankit Nagori, formerly of Flipkart, launched it in 2020.

Company profile

Item	Details
Legal name	Curefoods India Private Limited
Year founded	2020
Headquarters	Bengaluru (Karnataka)
Founder	Ankit Nagori (formerly of Flipkart)
Revenue (operating revenue)	₹916 crore (FY2026 = fiscal year ended March 2026, up 23% from ₹746 crore the previous year). Net loss of ₹192 crore
Number of locations	502 locations (as of the end of March 2025, across more than 70 cities)
Total funding raised	About 255.95 million dollars (12 rounds)
Listing	Unlisted (preparing for an IPO)
Official website	curefoods.in

Business and strengths

It holds brands that differ in both price range and genre, including EatFit (healthy food), Nomad Pizza, Olio Pizza, Sharief Bhai Biryani, CakeZone, and Frozen Bottle. Taking orders for several brands in one kitchen is designed to fill the gap between busy and slow times of day.

Rather than growing brands from zero, it takes the approach of buying restaurants that have a following in their region and rolling them out nationally.

Recent developments

Operating revenue for FY2026 (fiscal year ended March 2026) was ₹916 crore, up 23% from ₹746 crore the previous year. The net loss, on the other hand, widened to ₹192 crore (₹170 crore the previous year). Cumulative funding is about 255.95 million dollars. Locations stood at 502 at the end of March 2025, spread across more than 70 cities. On the IPO, the company submitted a draft prospectus to SEBI in July 2025 and obtained approval in October of the same year, but the listing in June 2026 was passed over. Founder Ankit Nagori is the largest individual shareholder with 27.8% and has said he will not take part in the offer for sale.

Points for Japanese companies

One way to test a restaurant brand in India is to rent a single bay in a cloud kitchen instead of setting up a storefront. It keeps initial costs down and lets you see the response city by city, but you need to allow for the fact that sales are swayed by delivery app commissions and search rankings.