Acted as a Buy side advisor for Rebel, helping them acquire a majority stake in Luxury Chocolate Maker Smoor & facilitated investment by multiple marquee family offices in Rebel Foods via secondary transaction
Rebel Foods is an Indian online restaurant company which operates 11 cloud kitchen brands including Faasos, Behrouz Biryani and Oven Story. Smoor is a premium chocolatier that creates handcrafted, luxurious chocolates and desserts, focusing on high-quality ingredients and a delightful customer experience. Ashika Capital played a major role in assisting Rebel acquire a major stake in Smoor.