Bengaluru-based food services startup Curefoods has taken full control of Krispy Kreme’s India operations, adding the North to its previously held South and West regions. The latest move gives Curefoods nationwide rights to the iconic American doughnut and coffee chain.
As part of this expansion, the company has added seven new retail stores and four cloud kitchens in Delhi NCR, bringing the total number of Krispy Kreme outlets under its wing to over 100 across India. This includes both dine-in spots and delivery-focused kitchens.
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The Delhi push includes launches at high-footfall hubs like Worldmark in Aerocity, Select Citywalk (Saket), Ambience Mall (Gurgaon), Promenade Mall (Vasant Kunj), and Mall of India (Noida). Mumbai is next on the radar, as Curefoods sets its sights on growing the brand presence in key metro markets.
“This is just the start,” said Ankit Nagori, Curefoods’ founder and a former Flipkart exec. “With the entire country now under our watch, we’re looking to shape a single, cohesive game plan for how Krispy Kreme evolves across India—whether it’s the menu, the service, or how we show up in people’s daily routines.”
Curefoods has been building a formidable portfolio since it launched in 2020, acquiring and growing brands like EatFit, Nomad Pizza, CakeZone, Sharief Bhai, Olio Pizza, and Frozen Bottle. The addition of Krispy Kreme to its roster marked its entry into global QSR territory—and now, with pan-India control, it’s doubling down.
The company currently operates more than 500 kitchens and outlets across 40 cities, and it’s showing no signs of slowing. In FY24, Curefoods grew its revenue by 53% year-over-year while significantly narrowing its losses.
Its timing couldn’t be better. According to the National Restaurant Association of India, cloud kitchens are riding a massive wave—growing at 30–40% CAGR between 2019 and 2024, and forecasted to grow by 35% annually in the coming years.
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With strong tailwinds and a nationwide brand under its belt, Curefoods seems hungry not just for growth—but for domination.
