Cloud kitchen startup Curefoods has reportedly put its initial public offering (IPO) plans on hold amid ongoing market volatility, becoming the latest new-age company to delay its stock market debut despite securing regulatory approval. The development was first reported by Entrackr and has since been corroborated by other media reports.
According to the report, Curefoods had received approval from the Securities and Exchange Board of India (SEBI) for its proposed IPO but has chosen to defer its listing plans as uncertainty continues to weigh on investor sentiment and capital markets.
Founded in 2020 by Ankit Nagori, Curefoods operates a house-of-brands model in the food-tech space, with brands such as EatFit, CakeZone, Frozen Bottle, Nomad Pizza, and Sharief Bhai. The company has expanded rapidly through a combination of acquisitions and brand-building efforts across India’s food delivery ecosystem.
Curefoods had filed its draft red herring prospectus (DRHP) in 2025, proposing to raise ₹800 crore through a fresh issue of shares. The company later secured SEBI’s approval, paving the way for a potential public listing.
The reported pause comes amid a broader slowdown in India’s startup IPO pipeline. Several technology-led companies have adopted a cautious approach towards public listings due to market turbulence, geopolitical uncertainties, and fluctuating investor sentiment. Recent reports indicate that fintech major PhonePe also delayed its IPO plans amid volatile market conditions.
While the company has not publicly announced a revised timeline for its IPO, the move reflects a broader trend among Indian startups choosing caution over speed as market conditions remain uncertain.
