Tag: faasos

  • Jaydeep Barman: The Visionary Behind Rebel Foods, the World’s Largest Cloud Kitchen Platform

    Jaydeep Barman brought a revolution in how food is ordered and delivered within India and to the world, having introduced path-breaking Rebel Foods, originally called Faasos.

    Being one of its co-founders, he’s today the CEO of the world’s largest cloud kitchen company that revolutionized how the world consumed and innovated with the business model he conceptualized which eventually became a benchmark around the world in food technology.

    In his dream of using technology to create an accessible, multi-brand culinary empire, Rebel Foods shines like a light of innovation and pathfinder among other cloud kitchen-based ventures.

    In this StartupTalky article, we will explore Jaydeep Barman’s success story, including his early life, history, childhood, personal life, education, achievements, and more.

    Jaydeep Barman – Biography

    Full Name Jaydeep Barman
    Birthplace Kolkata, India
    Nationality Indian
    Education MBA from INSEAD, Master’s in Industrial Engineering and Operations Research from Georgia Institute of Technology
    Occupation Co-Founder and CEO of Rebel Foods
    Known For Founding Rebel Foods and spearheading the cloud kitchen revolution
    Other Titles Innovator, Food Tech Pioneer
    Philanthropic Focus Empowering food entrepreneurs, education
    Hobbies Traveling, Cooking, Reading

    Jaydeep Barman – Early Life and Education
    Jaydeep Barman – The Birth of Faasos and Its Transformation into Rebel Foods
    Jaydeep Barman – Career Highlights
    Jaydeep Barman – Philanthropy
    Jaydeep Barman – Awards and Recognition
    Facts About Jaydeep Barman
    Jaydeep Barman – Legacy and Impact

    Jaydeep Barman – Early Life and Education

    Born and raised in Kolkata, Jaydeep Barman had spent his entire growing years developing a passion for varied culinary cuisines – a passion he would later express through entrepreneurship.

    Barman pursued undergraduate studies in Mechanical Engineering at the Indian Institute of Technology, Kanpur. After this, he finished a Master’s in Industrial Engineering and Operations Research at Georgia Institute of Technology in the United States. To further enhance his managerial skills, he pursued an MBA from one of the most elite business schools globally, INSEAD.

    His education, which was rich in technical acumen and business sense, has enabled him to shape Rebel Foods into an international brand name.

    Jaydeep Barman – The Birth of Faasos and Its Transformation into Rebel Foods

    Jaydeep Barman, a serial entrepreneur, started in 2011 by founding Faasos with his business partner, and friend, Kallol Banerjee. It was designed as a QSR chain with wraps and rolls as a primary product.

    In 2015, after years of experimentation and observing market trends, Barman pivoted Faasos into a pure-play cloud kitchen model. This transformed the company into one that operated without dine-in facilities and focused purely on delivery, thus cutting overhead costs and maximizing efficiency.

    In 2018, he renamed the company to Rebel Foods, representing the vision of its scale. Rebel Foods, under Barman’s leadership, has transformed itself into hosting several virtual brands such as Behrouz Biryani, Oven Story Pizza, Mandarin Oak, and Sweet Truth.


    Rebel Foods – Founders | Business Model | Subsidiaries
    Rebel Foods is a cloud Kitchen startup that owns several food brands. Know about Rebel Foods’ startup story, funding, competitors, and growth.


    Jaydeep Barman – Career Highlights

    Jaydeep Barman’s career is the epitome of innovative thinking, entrepreneurial spirit, and disruption in the traditional model of business. Be it academic pursuit or forming Rebel Foods, he has had a knack for being able to identify opportunities and create value in the dynamic industries of today.

    Barman had a stint in the corporate world before entering entrepreneurship, during which he had the opportunity to gain valuable experience in strategy and operations. Early in his career, he held roles that forced him to think critically and execute efficiently, preparing him for his future success.

    He started his professional career with McKinsey & Company as a consultant. At McKinsey, he developed a good understanding of strategy formulation, market analysis, and operational efficiency. These skills proved instrumental in shaping his entrepreneurial approach later in his career.

    Jaydeep’s entrepreneurial journey began with Faasos in 2011. The brand started as a quick-service restaurant chain serving wraps and rolls in Pune, India. While Faasos gained popularity for its convenient, affordable, and delicious offerings, Jaydeep soon realized the limitations of the traditional restaurant model.

    In 2015, Jaydeep made a game-changing decision to pivot Faasos into a cloud kitchen model. The reason was his idea of how technology could fill the loopholes in traditional restaurants, which were high real estate costs and non-scalability. In 2018, Faasos became Rebel Foods with a name that reflected its shift into becoming a multi-brand virtual restaurant platform. Jaydeep Barman steered this shift and turned Rebel Foods into the world’s largest chain of cloud kitchens.

    Rebel Foods Financials FY24
    Rebel Foods Financials FY24

    In FY 2023, Rebel Foods reported an operating revenue of INR 1,195 crore with total expenses of INR 1,827 crore, resulting in a loss of INR 657 crore. In FY 2024, the company’s revenue increased to INR 1,420 crore, while expenses rose slightly to INR 1,857 crore, reducing the loss to INR 378 crore.


    List of All the Subsidiaries of Rebel Foods | Brands under Rebel Foods
    Rebel Foods is a restaurant company and cloud kitchen chain that has more than 45 brands under it. Take a look at all the brands under Rebel Foods.


    Jaydeep Barman – Philanthropy

    Jaydeep Barman, the founder of Rebel Foods, is more than just a visionary entrepreneur- a leader who truly engages deeply with both social responsibility and sustainability. He believes that his journey should benefit the society around him, empower communities, and make businesses have a purpose bigger than their profits.

    Commitment to Empowering Small Businesses

    Jaydeep Barman has concentrated on empowering smaller and local food entrepreneurs through the Rebel Foods endeavor. Rebel Foods provides cloud kitchens to aspiring restaurateurs, with the result of small-scale food operators entering a market with virtually no capital investment and resources available. This initiative has opened ways for hundreds and thousands of such small businesses to scale their sizes, gaining high visibility, and making it competitive in the large industry.

    Promoting Fair Employment Practices

    Jaydeep Barman is careful to make sure there is an equal and inclusive work environment. Rebel Foods employs thousands of employees in its kitchens and delivery networks. The company ensures all its employees have a fair wage, proper training programs, and opportunities for growth. Besides this, the organization focuses on hiring people from disadvantaged backgrounds to enable them to gain stable careers in the food industry.

    Sustainability Initiatives

    Jaydeep was a long-term advocate for sustainability in the food tech sector. Under his guidance, Rebel Foods has incorporated some of the eco-friendly practices like:

    • Packaging that is bio-degradable, recyclable materials, reducing packaging waste to food.
    • Food Waste Management: Implementing systems to reduce food waste and donate excess food to local charities.
    • Energy-Efficient Kitchens: Designing cloud kitchens with energy-efficient equipment and optimized workflows to reduce carbon footprints.

    Supporting Local Farmers and Supply Chains

    Jaydeep has championed the cause of supporting local farmers by sourcing ingredients from sustainable and ethical producers. Rebel Foods emphasizes working directly with farmers and small-scale suppliers, ensuring fair trade practices and helping to uplift rural communities.

    Focus on Education and Skill Development

    Jaydeep is of the view that education and skills help one get out of poverty cycles. CSR programs in Rebel Foods included investments made towards skill development in training youngsters in the art of cuisines, safety measures while cooking, and overall kitchen management. Many young persons were placed on career tracklines within this sector through the aforementioned CSR efforts of the company.


    Rebel Foods: From Start-up to a Billion-Dollar Success
    Founded in 2009 as a single brick-and-mortar restaurant, Rebel Foods, then known as Faasos, faced a critical crossroads in 2013. This led to a bold move – shedding the dine-in model and diving headfirst into cloud kitchens.


    Jaydeep Barman – Awards and Recognition

    Following are the list of Awards and recognitions that Jaydeep Barman has won: 

    • Top 10 Food Startups in Asia – AsiaTech Awards (2022): Featured as one of the top companies changing the game in the Asian food industry.
    • Leadership in Sustainability Award 2022: Rebel Foods was recognized for its sustainable packaging and food-sourcing initiatives.
    • CNBC Disruptor 50 List (2021): Named to the most disruptive private company in Rebel Foods and showed the disruptive nature of innovating the whole concept of Cloud Kitchens
    • World’s Most Innovative Companies in Fast Company list of 2021: Placed in it due to innovations through its path-breaking approach toward food delivery multi-brand cloud kitchen.
    • Best Cloud Kitchen Operator by Entrepreneur India Award, 2021: It has operational excellence and innovation within the cloud kitchen ecosystem.
    • India Today Game Changer Award (2021): Jaydeep Barman was honored for his disruption of the traditional food delivery system and innovation of new business models.
    • INSEAD Alumni Global Impact Award (2020): This award was earned by Jaydeep Barman because of his efforts in entrepreneurship and significant contributions to global food.
    • Economic Times Promising Brands (2020): Rebel Foods won this title for its strong brand performance and market leadership.
    • Top 50 Startups to Watch- NASSCOM (2020): Rebel Foods was listed amongst some of the most impactful startups guiding innovation in India’s technology and food sectors.
    • Global Restaurant Leadership Award (2019): Acknowledging the redefined restaurant business through cloud kitchens
    • Red Herring Top 100 Asia (2019): A recognition for the scalable, technology-driven model.

    These honors further repute Jaydeep Barman as the pioneer in the global food tech industry, along with Rebel Foods, as one of the flag-bearers in the global cloud kitchen revolution.

    Facts About Jaydeep Barman

    • Global Firsts: Rebel Foods is credited as the first company to adopt a fully cloud kitchen model at scale.
    • Educational Background: He holds an MBA from INSEAD, the same school that shaped several other global CEOs.
    • Inspirational Leadership: Known for his hands-on approach, Barman often interacts directly with teams to foster innovation.
    • Focus on Customer Data: Barman’s belief in data-driven decision-making has been pivotal to Rebel Foods’ success.
    • Multiple Hats: Before starting Faasos, Barman worked as a consultant with McKinsey & Company, where he gained significant operational insights.
    • Author at Heart: Barman has expressed an interest in writing about his entrepreneurial experiences to inspire the next generation of innovators.
    • Food Lover: Despite running a tech-driven food company, Barman remains a foodie at heart, often experimenting with new recipes.

    Jaydeep Barman – Legacy and Impact

    From entrepreneur Jaydeep Barman, innovativeness with resilience and agility has led to a great entrepreneurial experience. He designed the food delivery ecosystem in a way that an extremely profitable business model is of extreme inclusiveness. The story of Rebel Foods has inspired myriads of entrepreneurs. It has revamped the perception of the world around food tech.

    The plan of Barman for Rebel Foods is to extend the company in more markets, as well as to launch some new culinary brands. His legacy will be a billion-dollar company but also democratize access to food entrepreneurship and show that innovation can go hand in hand with impact.

    FAQs

    Who is Jaydeep Barman?

    Jaydeep Barman is the co-founder and CEO of Faasos, now rebranded as Rebel Foods, the world’s largest cloud kitchen company.

    What is Jaydeep Barman education?

    Jaydeep Barman holds an MBA from INSEAD and an engineering degree from IIT Kanpur.

    What is Rebel Foods?

    Rebel Foods is the world’s largest cloud kitchen company, founded in 2011 by Jaydeep Barman and Kallol Banerjee. It operates multiple virtual food brands like Faasos, Behrouz Biryani, Oven Story Pizza, and Sweet Truth. Rebel Foods specializes in delivering a wide variety of cuisines through its technology-driven cloud kitchen model, which eliminates the need for dine-in facilities.

  • Is Cloud Kitchen Future of Restaurant Industry? | Popularity of Cloud Kitchen in India

    Ever since Covid-19 arrived, everything has digitised. With that, the shift towards a delivery-only model has accelerated. The Cloud Kitchen market got benefitted from this. Every small and large scale restaurant have also started their online food delivering services. And this is the major reason for the growing popularity of cloud kitchens. Not only that, it has become the latest trendsetters in the restaurant industry.

    Let’s have a look if cloud kitchen is really going to be the future of the restaurant industry or not. Here are few things that this article will cover:

    What Is Cloud Kitchen?
    Top Cloud Kitchens In India
    How Cloud Kitchen Works?
    The Future Of Cloud Kitchen In India

    What Is Cloud Kitchen?

    Cloud Kitchen is a kitchen space with no physical outlet and dining facilities.
    Cloud Kitchen/Virtual Kitchen/Take Away Restaurant is a kitchen space with no physical outlet and dining facilities.

    A cloud kitchen is a virtual kitchen or ghost kitchen with no physical outlet and dine-in option. In other words, it is a mobile application that accepts only online delivery demand via apps or calls or online food aggregators.

    While the concept was popular even before the pandemic struck, cloud kitchens have become more lucrative now. Cloud kitchens witnessed a huge surge in their demand during the pandemic as well. People got stuck in their homes and missed their favourites food. Gladly, those cravings got saved by online food delivery platforms like Zomato, Swiggy, Uber and more.

    And these cloud kitchens have their presence on these online food delivery platforms via which customer can order their delivery.

    Top Cloud Kitchens In India

    Faasos

    Faasos is one of the biggest cloud kitchen restaurant companies in India. It delivers in more than 15 states in India. It has an add-on feature which is to deliver the order free if the food is not delivered within 30 minutes. This is to keep the customers satisfied.

    All About Faasos Business Model – The Biggest Cloud Kitchen

    Box8

    Currently, Box8 is one of the fastest-growing food delivery apps in Delhi, India. They define their selling agenda by keeping the taste desi. From paratha to lasagnas, desserts to chicken tandoori, you can have it all on Box8.

    Travelkhana

    Travelkhana is a company that provides fresh food for Indian railway passengers. Many items can be delivered right to your seat. TravelKhana has now grown to have 1,200 vendors on its site.

    Oven Story

    Oven Story is cloud kitchen famous for providing different types of pizza to their customers. Oven Story falls under Rebel foods, which is online restaurants company. It deals with over 11 cloud kitchen in India, one of them is Oven Story.

    Biryani By Kilo

    Biryani By Kilo is perfect for those Biryani lovers, who cant think about their life without the lip-smacking dish. It is a cloud kitchen, where one can order Biryani and Kebabs and the best thing is the Biryani are delivered to your doorstep in earthen bowl.

    Behrouz Biryani

    The recipe of Behrouz Biryani is 2000 years old and itcame from the kingdom of Behrouz which is in Persia. This cloud kitchen is famous for all types of Biryani especially Murg Tikka Biryani and Dum Gosht Biryani and serving the customers with love.

    How Cloud Kitchen Works?

    Cloud Kitchen follows the delivery-only business model. they take orders from their own website or rely on other food delivery apps, through which they get orders. As they are delivery only restaurants therefore there is no need to build a proper dining place for their customers.

    Restaurant interiors, rent and extra staff costs are not needed here and the restaurant’s digital presence is enough to gather customers for the cloud kitchen. Cloud kitchen only needs proper infrastructure of the kitchen, chefs to make good food and of course the delivery people.

    Food-Tech Startups In India | Best Indian Food-Tech Startups [2021]]
    The food industry is a huge market in India worth over $828 billion. Here is a list of the top food-tech startups in India.

    The Future Of Cloud Kitchen In India

    With the arrival of online food delivery platforms like Swiggy and Zomato, the demand for online food delivery has increased. According to DataLabs by Inc42, the food ordering market of India is expanding at a CAGR of 16% to reach $17 billion by 2023. The projected market size of cloud kitchens is expected to reach $1.05 billion by 2023.

    With the digital shift of all the services, people have started preferring online platforms. So is the case with food. They have no free time to walk down to a restaurant or drive-in jam-packed traffic for food. And this problem has been beautifully solved by the food delivery service providers.

    In the coming future, Cloud kitchen will transform the way we dine. The reason for its growth is that the amount of risks is comparatively lower. The monetary constraints can easily be dealt with as the demand for the digital platform lowers the operational cost.

    Conclusion

    The conventional method of dining is always going to remain there but Cloud Kitchen will be the first preference of the consumer as they prefer to order online rather than visit a restaurant. The reason for this inclination is comfort eating because of the convenience and mobility of consumers.

    FAQs

    What is a cloud kitchen?

    A cloud kitchen is a virtual kitchen or ghost kitchen with no physical outlet and dine-in option. In other words, it is a mobile application that accepts only online delivery demand via apps or calls or online food aggregators.

    Are cloud kitchens profitable?

    Cloud kitchen can reach customers throughout the city without using large premises, it can be more profitable than a restaurant. Cloud kitchens are likely to become profitable faster than restaurants due to their low cost and broad reach.

    Can I start a cloud kitchen from home?

    Yes, you just need to have a base kitchen for the preparation of delivery-only meals. You can collaborate with online food ordering and delivery platforms like Zomato and Swiggy to deliver your meals to the customer.

    Cloud kitchens are popular because of the rise in online food delivery services.

    What is the future of cloud kitchen?

    Cloud Kitchen is not only the future but it has become the latest trend now. The cloud kitchen market is going to expand at a higher rate in the future with the surge in the demand for online food delivery services.

  • List of All the Subsidiaries of Rebel Foods | Brands under Rebel Foods

    In 2011, two passionate individuals set out to make a difference in the food industry by fusing technology with the magic and craftsmanship of cooking. Those two were Jaydeep Barman and Kallol Banarjee, who started this journey with a physical restaurant with an online delivery service and then later launched their first-ever cloud kitchen in 2015. And since 2016, the business has become a cloud-kitchen only business.

    And if you are thinking about what a cloud kitchen is, then worry not. It is just that the business only takes online orders and only has delivery meals; there is no seating arrangement for the customers. In 2018, the firm launched the Rebel Launcher Program, which allows other restaurant chains to use its cloud kitchen service.

    In 2020, the company also launched EatSure, which is a delivery chain for its own brands and restaurant partnerships. It also had food trucks called EatSure Express, which also helped as a promotional aid.

    And not only this, Rebel Foods announced a deal with Wendy’s, an American fast-food chain company, in December 2020, in which Rebel Foods will open and run 250 cloud kitchens for Wendy’s in India. The company recently became India’s 31st unicorn. It is an accomplishment in and of itself to achieve so much in such a short period of time.

    So now that we have talked about all the achievements of the company, let’s talk about the brands owned by it and how they are changing the online food delivery industry.

    1. Faasos
    2. Behrouz Biryani
    3. Oven Story Pizza
    4. Mandarin Oak
    5. Firangi Bake
    6. Lunch Box
    7. The Good Bowl
    8. Sweet Truth
    9. The Biryani Life
    10. Wendy’s
    11. Nude Bowls by Maliaka Arora
    12. The 500 Calorie Project
    13. Box & Co.
    14. Ayam Ambyar
    15. Bros Fried Chicken
    16. Feeling Bren
    17. Banzai
    18. Boom Burger
    19. Holy Cow
    20. Sawa

    1. Faasos

    Faasos
    Faasos

    Faasos is known for its delicious and filling wraps. The company was first founded in 2011 by Jaydeep Barman and Kallol Banarjee. The company also has a mobile app that was launched in 2014. Headquartered in Mumbai, Maharashtra, Faasos is basically an online food delivery service that caters to around 36+ cities and has over 300 cloud kitchens.

    2. Behrouz Biryani

    Behrouz Biryani
    Behrouz Biryani

    Jaydeep Barman and Kallol Banarjee launched Behrouz Biryani in 2016, and it is now a well-known brand known for its diverse and tasty biryanis. Behrouz Biryani has locations in a number of cities, as well as in 10 other countries. With their extensive choice of biryanis, the company claims to have the top professionals working in its kitchen to deliver a regal and elegant experience.

    3. Oven Story Pizza

    Oven Story
    Oven Story

    Oven Story, which was founded in 2015 and is based in Mumbai, Maharashtra, is a subsidiary of Rebel Foods. The company is known for developing and creating new pizza recipes and unique concepts in order to change people’s perceptions of a common cuisine, pizza. Delivery of pizza is also done by Zomato and Swiggy, in addition to their own delivery systems.

    4. Mandarin Oak

    Mandarin Oak
    Mandarin Oak

    Mandarin Oak is a Rebel Foods Chinese cuisine subsidiary that offers consumers flavorful and authentic Chinese meals via online food delivery. The restaurant was established to provide customers with a rich Chinese culinary experience employing advanced techniques while maintaining a classic flavour. The restaurant has over 320 locations and, in addition to its own delivery service, offers delivery through apps like Zomato and Swiggy.

    5. Firangi Bake

    Firangi Bake
    Firangi Bake

    Firangi Bake is a subsidiary of Rebel Foods and is available in several cities. It is an Italian and Mexican restaurant that offers food through online delivery. The company’s theme is to prepare Italian and Mexican dishes with the fusion of India’s signature flavours. The brand has established a good name for its oven-baked meals. The company loves to experiment and brings out new innovations in order to stay on top of the market.

    6. Lunch Box

    Lunch Box
    Lunch Box

    Lunch Box was founded in 2020, aims to bring the flavour and feel of local cuisine with the convenience and comfort of online delivery. The meals are simple local food that everyone recognises, resulting in a nostalgic vibe and a meaningful experience. The company services over 320 locations and has delivery outlets such as Swiggy, in addition to its own delivery service.

    7. The Good Bowl

    The Good Bowl
    The Good Bowl 

    The Good Bowl is a brand owned by Rebel Foods which is known for its filling and unique dishes in a bowl. The brand focuses on fusing different international and national flavours and creating something unique and delicious. The Good Bowl serves different types of bowl combinations like Italian, Asian, local, and many others.

    8. Sweet Truth

    Sweet Truth
    Sweet Truth

    Sweet Truth is a high-end dessert restaurant that delivers a variety of desserts and treats via the internet. The company comes under the parent company, Rebel Foods, and services a number of cities. The company succeeds in selling its customers sophisticated, gorgeous, and enjoyable desserts, resulting in a loyal customer base.

    9. The Biryani Life

    The Biryani Life
    The Biryani Life

    The Biryani Life is a subsidiary of Rebel Foods and serves around 300+ locations. It is a restaurant chain that offers delicious biryani options at affordable prices. The company sells through online delivery services like Zomato, Swiggy and its own delivery system.

    10. Wendy’s

    Wendy’s
    Wendy’s 

    Wendy’s is a U.S. based fast-food chain that expanded its reach to the Indian customer base through Rebel Foods. The company first started its business in India in New Delhi in December 2020. Since then, it has expanded to 16 cities where it runs around 75 online restaurants. Using Rebel Foods’ operating system and reach, the international company has made a profitable customer base in India.


    Food-Tech Startups In India | Best Indian Food-Tech Startups [2021]]
    The food industry is a huge market in India worth over $828 billion. Here is a list of the top food-tech startups in India.


    11. Nude Bowls by Maliaka Arora

    Nude Bowls
    Nude Bowls

    Nude Bowls is an EatSure exclusive that has different salads and other options created by Malaika Arora. The company claims to serve healthy, nutritious, and tasty food in bowls without any hidden additives. Nude Bowls is only delivered through the EatSure application and EatSure Web.

    12. The 500 Calorie Project

    The 500 Calorie Project
    The 500 Calorie Project

    A subsidiary of Rebel Foods, The 500 Calorie Project, is an online restaurant that serves delicious yet healthy meals under 500 Kcals. The company currently only serves Mumbai and Dubai but is planning to expand its business and open restaurants in new locations globally.

    13. Box & Co.

    Box & Co.
    Box & Co.

    Based in Indonesia, the company was launched by Rebel Foods, due to the high demand and market opportunity for native cuisine. Box & Co. serves native dishes in easy box packaging that is easy to deliver and easy to consume.

    14. Ayam Ambyar

    Ayam Ambyar
    Ayam Ambyar

    Ayam Ambyar, a Rebel Foods subsidiary, is based in Indonesia. It’s an Indonesian restaurant that specializes in Indonesian chicken meals. The company claims that its food has a traditional and rich taste as well as a pleasurable experience.

    15. Bros Fried Chicken

    Bros Fried Chicken
    Bros Fried Chicken

    Also based in Indonesia, Bros Fried Chicken serves different styles of fried chicken with international ingredients and dressings. The restaurant offers online ordering, as well as takeout and dine-in alternatives.

    16. Feeling Brew

    Feeling Brew
    Feeling Brew

    Feeling Brew is a coffee and beverage franchise that serves a variety of coffee drinks and other beverages. Customers can also choose from a variety of scrumptious signature drinks offered by the brand.

    17. Ban Zai

    Ban Zai
    Ban Zai

    Based in Indonesia, Banzai is a Japan-inspired restaurant that serves Japanese cuisine and Bento-style dishes to its customers. The company claims to serve delicious yet healthy meals, which can be eaten anytime, anywhere.

    18. Boom Burger

    The brand focuses on the popularity of fast foods like burgers and presents them in a captivating way. Boom Burger sells different types of burgers and dishes with various vegetarian and non-vegetarian options.

    19. Holy Cow

    The brand, based in the United Kingdom, thrives on the demand for British-Asian fusion cuisine, which has helped the restaurant become a success. It offers a variety of dishes with Asian and British influences.

    20. Sawa

    Sawa is an authentic Lebanese restaurant launched in the UAE after the parent company, Rebel Foods, saw a potential profit and the demand for Lebanese cuisine in the market.


    List of All the Subsidiaries of Zomato
    Zomato is one of the most popular delivery apps in India that is ruling the food delivery industry. Check out the list of subsidiaries of Zomato.


    Conclusion

    Rebel Foods has expanded its business globally after understanding the potential of cloud kitchens and the involvement of technology in the preparation of food. The company has more than 20 food chains in India, Indonesia, the UK and the UAE. The founders of the company claim they will expand the brand to open 200 new restaurants in the upcoming 2 years.

    Rebel Foods is a perfect example of how a good business plan with fresh ideas and hard work can do wonders for the company. After being India’s 31st unicorn and a leading cloud restaurant service, the company has several plans for the future. The founders believe in expanding globally by understanding the market thoroughly and learning what the people want.

    FAQs

    Who is the owner of Rebel Foods?

    Jaydeep Barman and Kallol Banerjee founded Rebel Foods in 2011.

    Where does Rebel Foods operate?

    Rebel Foods has 45 plus brands and operates across 10 countries – India, Indonesia, United Arab Emirates, United Kingdom, Singapore, Malaysia, Thailand, Hong Kong, Philippines and Bangladesh.

    How many brands are under Rebel Foods?

    There are more than 45 brands under Rebel Foods, Some of the popular brands are Faasos, Behrouz Biryani, Wendy’s, Nude Bowls by Malaika Arora, and Sweet Truth.

    Is Rebel Foods a unicorn?

    The company became India’s 31st unicorn in 2021.

  • Faasos – The Success Story of the Indian Online Food Delivery Company

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Faasos.

    Have you ever fancied yourself as a restaurant owner at some time in your life? Don’t you think how complicated would it be to start and run a restaurant chain? Right from the choice of cuisine to the business model, and the ultimate presentation, how difficult it can be to run your chain when already hundreds of well-established brands are there in the market. When the whole world out there is having a good time, have you ever thought about how struggling it can be to establish you and your brand? Well, the answer to all these and many other questions, Faasos emerged. Founded back in 2004, Faasos was incorporated in 2011, as an Indian “food on demand” service company by Jaydeep Barman and Kallol Banerjee.

    Faasos is a brand owned by the online restaurant unicorn Rebel Foods. The company currently operates ghost kitchens distributed across 35+ Indian cities. If you are looking to discover more about Faasos Startup Story, Founders and Team, Funding and investors, Business and Revenue Model, Competitors, Revenue, and more, then check them all out here in this article:  

    Faasos – Company Highlights

    Startup Name Faasos
    Headquarters Mumbai
    Sector Online Food Ordering, Foodtech
    Co-founders Jaydeep Burman, Kallol Banerjee
    Founded 2011
    Operational Revenue $75.24 million (₹572 crore in FY20)
    Total Funding ~ $111 million
    Parent Organization Rebel Foods Pvt. Ltd
    Website faasos.com

    Faasos – About and How it works
    Faasos – Founders and Team
    Faasos – Owner | Rebel Foods Pvt Ltd.
    Faasos – Startup Story | How was Faasos Started?
    Faasos – Mission and Vision
    Faasos – Name, Tagline, and Logo
    Faasos – What is Faasos?
    Faasos – Business Model and Revenue Model
    Faasos – Funding and Investors
    Faasos – Revenue
    Faasos – Startup Challenges
    Faasos – Competitors
    Faasos – Growth
    Faasos – Future Plans
    Faasos – FAQs


    Zomato Success Story – Latest News | History | Founders | Funding
    Company Profile is an initiative by StartupTalky to publish verified informationon different startups and organizations. The content in this post has beenapproved by the organization it is based on. There were days when we used to call different restaurants to place orders andagain call up for c…


    Faasos – About and How it works

    So what is Faasos? The Faasos company is an Indian online food delivery company that was incorporated in the year 2011. Faasos launched its mobile app in 2014 and since then the company has been catering to the customers of India as food on-demand service.

    Headquartered in Mumbai, Maharashtra Faasos currently operates 160+ kitchens that provide meals from 4 different brands. Faasos India is the only company that works on all the three stages of food on-demand business which are ordering, distribution, and order fulfillment in the sector of online food ordering business in India.

    Faasos is an Indian Online Food Delivery Company and a nationwide chain of food outlets. Faasos origin started out by selling only Calcutta rolls in Pune, but now Faasos menu includes wraps, rolls, Frankies, and Indian food items, which are delightful alternatives to the McDonalds, Subways, and Dominos. Faasos website takes online orders, prepares food for its customers, and delivers the same at their doorstep. Besides, you can also search for the website or Faasos outlets in India by simply searching “Faasos near me”.

    The Faasos apps’ wide range of food items includes classic wraps, party wraps, rice bowls, desserts, meals, snacks, etc. According to the Faasos reviews, it also accepts online party orders. Since its inception, Faasos aimed to create a kitchen from where the customers can order all their favorite dishes and get them delivered in no time. Besides, Faasos branches across the country are based on the Faasos cloud kitchen model, through which people can order food.

    Faasos – Founders and Team

    Jaydeep Barman (CEO) and Kallol Banerjee are the Faasos founders.

    Faasos Founders, Ceo.
    Jaydeep Barman and Kallol Banerjee – Faasos, Founders

    Jaydeep Barman

    Jaydeep Barman completed his MBA from INSEAD and is the current Faasos CEO. This Faasos founder worked for McKinsey & Company, London, where Jaydeep was an associate principal.

    Kallol Banerjee

    Kallol Banerjee has completed his MBA from the Indian Institute of Management, Lucknow, and has further studied at INSEAD after completing his graduation in Mechanical Engineering from Jadavpur University. Kallol has previously worked in Singapore at Bosche before they started their venture.

    Soumyadeep Barman

    Soumyadeep Barman is known as the Chief Product Officer and Co-founder of Faasos. Barman was earlier the Chief Technology Officer of the company since he joined and stepped down from the same in April 2020 when he started as a Chief Product Officer.  

    Faasos currently has somewhere between 500-1000 employees.


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    Faasos – Owner | Rebel Foods Pvt Ltd.

    Rebel Foods is the Faasos owner and the Faasos parent company. Rebel Foods is an Indian online restaurant company that operates several cloud kitchen brands. It was founded by Faasos founders Jaydeep Barman and Kallol Banerjee in 2011.

    Faasos Owner - Rebel Foods
    Rebel Foods Brands

    Faasos – Startup Story | How was Faasos Started?

    In 2004, Faasos’s startup story began as a Calcutta Roll store chain in the city of Pune. To provide end-to-end delivery, fresh food, and doorstep delivery, it took around 7 years for Jaydeep and Kallol, which helped them establish Faasos India with full commitment. The Faasos history was started with an idea over rum and cola at an apartment that was shared by the two in Pune.

    Jaydeep had no background experience in the food business sector and all his decisions were intuitive, which has served him well so far. He was just tired of the burger and pizza chains and wanted something Indian to pop up in the online sector and that’s how the Faasos story began. From 2011 to 2013, Faasos revenue grew and the founders opened over 70 Faasos franchises in the major cities of India.


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    Faasos – Mission and Vision

    The main aim/vision of Faasos is to become the best-in-class ‘Food on Demand’ business in the country. Faasos believes to stand as the best company to answer the customers’ queries of “what’s for dinner today?” and deliver them right at their doorsteps.

    The Faasos name was taken from Burkina Faso, which is a French colony and it means ‘Land of Incorruptible People’. Although it does not symbolize anything nor is related to the food industry but the founders thought that it might be interesting to keep this name.

    The Faasos tagline – We Got Your Food! Faasos logo is written in cursive font in blue. The Faasos company aims to become the leading ‘Food on Demand’ business in our country.

    Faasos logo
    Faasos logo

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    Faasos – Business Model and Revenue Model

    Faasos business model is developed around the idea of running a hyperlocal, cloud kitchen-based model, wherein the parent company Rebel Foods offers numerous in-house brands on its platforms like Oven Story, Kettle&Eggs, Behrouz, Firangi Bake. The Faasos cloud kitchen model was introduced after the other Faasos brands were added in the year 2015.

    The Faasos food delivery process is designed in a way that turns out to be an easy and effective process for the customers to order Faasos food. In this way, the Rebel foods business model helps the company multi-task using the same kitchen, with common ingredients and the same staff to fulfill all their orders from varied brands. Today, Faasos operates more than 160 Faasos franchises that offer meals from four different brands.

    Faasos has deeply followed the business model of Domino’s, which requires them to keep close to the neighborhoods of the customers, stay abreast of the customers’ orders and guarantee food delivery within 30 minutes.

    Faasos earns from the commissions from the food order deliveries. Furthermore, it also earns from the delivery charges it levies on the food orders. The company further earns from the advertisements and features of food brands that it introduces on its app.  

    Faasos – Revenue

    Faasos recorded a revenue of $75.24 million (Rs 572 crore) in FY20, thereby growing around 84% year-on-year (YoY) from ₹305.1 crores, which Faasos managed to pick up in FY19. The company’s revenues were recorded at only ₹147 crores in FY18, which has significantly grown.

    The company’s net loss has also ballooned at INR 431 Cr from the past fiscal when it was only INR 131 Cr. Thus, Faasos’ losses increased by around 229%.


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    Faasos – Funding and Investors

    Faasos funding has raised over $111 million to date. Faasos’ first round of funding was held in January 2011 wherein the famous investor Sequoia Capital funded Faasos with $8 million.  

    The details of Faasos funding are as follows:

    Date Amount Stage Investors
    January 2011 $8 Million Series A Sequoia Capital
    2015 $16 Million Series B Sequoia Capital and Others
    $30 Million Series C Sequoia Capital, RB Investments, Lightbox
    INR 414 Million Series C Sequoia Capital, RB Investments, Lightbox
    January 2019 $4.2 Million Venture Debt Alteria Capital
    March 2019 $15.8 Million Series D Sequoia Capital India, Lightbox Ventures, Evolvence India Fund
    February 2020 $4.9 Million Series E1 Alteria Capital
    July 2020 $26.5Million Series E2 Coatue Management

    Faasos – Startup Challenges

    One of the most important aspects of any business is accounting and finance and that was an early challenge for Faasos to manage as it was using the legacy Point of Sales system for store sales and inventory management whereas, for the accounting and financing, Faasos was dependent on the ubiquitous Tally software.

    Afterward, the company switched to Sage, which helped it overcome the problems of finance and accounting. According to the Faasos founders, one of the big earliest loopholes of the Faasos India business was tied to the location that they decided upon and the cost needed to repair the mistake. However, these challenges made them realize that they need to have multiple food brands rather than a brand extension.


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    Faasos – Competitors

    Faasos is a chain that has direct competition with giant food aggregators like Zomato and Swiggy and the other Faasos competitors like FoodPanda and so on. In India, the food delivery market is valued at 15 billion dollars and is exponentially growing day by day. The online food delivery market has also become extensively competitive. Although Faasos app has a niche business model and works differently than the others, the company still faces stiff market competition. To compete in this competitive market and to be better than its competitors, Faasos focuses on the pricing and the range of food items that it offers to its customers.

    Faasos – Growth

    The Co-founder and CEO of Faasos, Jaydeep firmly believes that Faasos has no limit. It has expanded much in terms of the restaurant partners it collaborates with and also diversified its range of food items. Faasos outlets in India will keep increasing as the company has the power and ability to make strong brands in the food industry and the cost structure of lean manufacturing and distribution. In the long run, Faasos has the potential to offer products at low costs in the future as well and also expand to run it at a global level. Over the years Faasos has become one of the top food delivering companies in India. Besides, the company has also:

    • Built 1000 restaurants in just 24 months.
    • Increased its revenues by 5x in a really short time.
    • Raised itself to serve more 30,000 meals in a single day.

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    Faasos – Future Plans

    Faasos is expanding at an impressive pace. The company is further looking to capture more of the market shares in the times upcoming. Faasos is aiming to expand beyond the borders of India and partner with more restaurants to provide delicious foods to its world of customers. In terms of revenues, Faasos is currently targeting the $100 million mark. The Rebel Foods-owned brand is looking forward to building 10,000 restaurants across Indian in the next 5 years.

    Faasos – FAQs

    Who is the CEO of Faasos?

    Jaydeep Barman is the Co-Founder and CEO of Faasos.

    How much is the revenue of Faasos?

    In FY20, Faasos has generated operating revenue of ₹572 crores, from ₹305.1 crores in FY19.

    Who are the Top Competitors of Faasos?

    Faasos is a chain that has direct competition with giant food aggregators like Zomato and Swiggy whereas there are other competitors like FoodPanda and so on

    Who is the Owner of Faasos?

    Rebel Foods Pvt Ltd., is the Owner/Parent Organisation of Faasos. It was founded by Jaydeep Barman (CEO) and Kallol Banerjee in 2011.