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Rebel Foods is planning an IPO in 2026 as it expands its operations, currently managing 350 kitchens across 70 cities in India and 27 international locations. The company, known for brands like Faasos and Oven Story Pizza, has reduced its net loss by 42% while increasing revenue by 19% in FY24. Recently, it launched QuickiES, a 15-minute food delivery service, and emphasizes technology for maintaining food quality.
Squarepoint Ops LLC increased its stake in Wendy's to 3,491,376 shares valued at $59.2 million after acquiring 1,856,970 additional shares. Bank of Montreal Can grew its holdings by 619.4%, now owning 866,878 shares worth $14.7 million. Institutional investors currently own 85.96% of Wendy's stock, which has a consensus "Hold" rating and an average price target of $20.14.
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Rebel Foods plans IPO in 2026 amid rapid expansion and revenue growth
07:20 30.03.2025
institutional investors increase stakes in wendy's amid mixed analyst ratings
15:33 07.01.2025
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