Curefoods pre-IPO dough; RBI’s new mandate

Curefoods secures pre-IPO funding from Binny Bansal’s 3State Ventures. This and more in today’s ETtech Top 5.

Also in the letter:
■ Amazon’s $2.5B blow
■ US rescues TikTok
■ Vibes: Meta’s AI play

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Curefoods raises Rs 160 crore in pre-IPO placement from Binny Bansal’s 3State Ventures

(L-R) Binny Bansal, cofounder, Flipkart and Curefoods founder Ankit Nagori

Cloud kitchen startup Curefoods has bagged Rs 160 crore ($18 million) in a pre-IPO round from Flipkart cofounder Binny Bansal’s 3State Ventures. The raise comes just months after…