Exclusive: Dil Foods In Talks To Acquire Cloud Kitchen Pioneer FreshMenu

by · Inc42

SUMMARY

  • Virtual restaurant operator Dil Foods is in talks to acquire Bengaluru-based cloud kitchen brand FreshMenu in a distress sale
  • FreshMenu was one of the pioneers in India’s cloud kitchen segment. While the company recovered from the COVID-19 pandemic struggles, it is now being acquired amid a cash crunch
  • Dil Foods founder Arpita Aditi said the startup has entered into a brand licensing and operator agreement with FreshMenu, and the broader discussions are ongoing