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Rebel Foods (Faasos) | A cloud kitchen platform with more than 450 kitchens

2026.03.26

Article summary

Rebel Foods is a cloud kitchen operator founded in Mumbai in 2011. Its co-founders are Jaydeep Barman, Kallol Banerjee, and Ankush Grover. It owns Faasos, Behrouz Biryani, Oven Story and other brands, and runs more than 450 kitchens across 75 cities in India plus the UAE and the UK. Operating revenue for FY2026 (fiscal year ended March 2026) was ₹1,951.6 crore (1 crore = 10 million rupees), up 21% year on year, with a net loss of ₹281.8 crore.

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.

Rebel Foods is a cloud kitchen operator that runs several brands out of the same kitchens, including Faasos (Indian-style wraps), Behrouz Biryani, and Oven Story. It began in 2011 as a Faasos outlet and reorganized into a model that adds brands without holding storefronts.

Company profile

Item	Details
Legal name	Rebel Foods Private Limited
Year founded	2011 (as Faasos)
Headquarters	Mumbai (Maharashtra)
Co-founders	Jaydeep Barman, Kallol Banerjee, Ankush Grover
Revenue (operating revenue)	₹1,951.6 crore (FY2026 = fiscal year ended March 2026 / up 21% from ₹1,617.4 crore the year before). Net loss was ₹281.8 crore (narrowed 16% from ₹336.6 crore the year before)
Number of locations	More than 450 kitchens (75 cities in India plus the UAE, the UK and elsewhere)
Employees	About 3,580 people
Total funding raised	About 785 million dollars (20 rounds. Most recently September 2025)
Listing	Unlisted
Official website	rebelfoods.com

Business and strengths

Because one kitchen handles orders for several brands, the same equipment and staff cover a larger number of orders. Compared with opening a store for each brand, the cost of opening and the payback period are very different.

In addition to its own brands such as Faasos, Behrouz Biryani, Oven Story Pizza, The Good Bowl and Sweet Truth, it also runs other companies' brands on its kitchen network under contract.

Recent developments

Operating revenue for FY2026 (fiscal year ended March 2026) was ₹1,951.6 crore, up 21% year on year, and the net loss narrowed 16% to ₹281.8 crore. In July 2025, co-founder Ankush Grover became global CEO and Jaydeep Barman moved to chairman and group CEO. Cumulative funding is in the 700 million dollar range, and the figure varies with the outlet compiling it.

Points for Japanese companies

One way for an overseas brand to enter India without opening its own stores is to borrow the Rebel Foods kitchen network. The company does run other companies' brands under contract as one of its businesses, which makes this an option when you want to test the response in a few cities first.