Faasos

Faasos is an Indian "food on demand" service that was incorporated in 2004. It is one of the brands owned by the online restaurant company, Rebel Foods.^[1][2][3]

Faasos

Company type	Private
Industry	Online Food Ordering
Founded	2011
Founder	Jaydeep Barman, Kallol Banerjee
Headquarters	Mumbai , India
Parent	Rebel Foods
Website	https://www.faasos.com/

History

Faasos was founded by Jaydeep Barman and Kallol Banerjee in 2004 and incorporated as it is today, in 2011.^[4] The company operates ghost kitchens in 35 cities in India,^[5] investing USD $50 million into its ghost kitchen network.^[6] Faasos launched its mobile app in 2014.^[7][8]

Funding

Faasos raised its first round of funding of US$5 million (Rs. 30 crore) from Sequoia capital in November 2011,^[9] a second round of funding of US$20 million in February 2015 from Lightbox Ventures and Sequoia Capital,^[10] and a third round of funding of US$30 million in December 2015 from Russian Internet-focused Investment firm ru-Net, Sequoia Capital and Lightbox Ventures.^[11] Rebel foods, the parent company of Fassos has received a series D $125 million of funding in June 2019.^[12]