Curefoods, the Bengaluru-based cloud kitchen and food services startup, has officially acquired pan-India rights to operate the iconic global doughnut and coffee brand Krispy Kreme. The deal marks a major expansion for Curefoods into North India, following its earlier acquisition of Krispy Kreme’s South and West India operations in December 2024.
With this move, Curefoods now manages over 100 Krispy Kreme outlets across India, including dine-in stores and cloud kitchens. The expansion into the Delhi NCR region adds seven retail locations and four cloud kitchens, including prime venues like Worldmark Aerocity, Select Citywalk Saket, and Ambience Mall Gurgaon.
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“Delhi NCR is just the beginning. We’re committed to scaling Krispy Kreme sustainably while keeping it accessible and exciting for customers across India,” said Ankit Nagori, founder of Curefoods.
Founded in 2020 by former Flipkart executive Nagori, Curefoods operates multiple popular F&B brands such as EatFit, CakeZone, Nomad Pizza, Olio Pizza, and Frozen Bottle. The company currently runs over 500 outlets across 40 cities, and saw a 53% revenue growth in FY24, while significantly reducing losses.
The acquisition is a strategic move amid a booming cloud kitchen market, which has seen a CAGR of 30–40% from 2019 to 2024 and is projected to grow at 35% annually through 2028, according to the National Restaurant Association of India.
Curefoods has been on a consolidation spree in India’s F&B sector, with past acquisitions including Yumlane, a merger with Maverix, and securing the South India rights for U.S.-based Sbarro Pizza.
Looking ahead, Curefoods is reportedly preparing for a $300–400 million IPO by late FY26, having already restructured itself as a public entity in anticipation.
With Mumbai next on the radar, Curefoods is gearing up to take Krispy Kreme to even more cities—blending global tastes with local ambition.
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