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Cloud kitchens operator Curefoods India files papers for IPO

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Summary
Nutrition label

78% Informative

Curefoods India has filed preliminary papers with the Securities and Exchange Board of India to raise funds through an initial public offering.

The IPO will comprise a fresh issuance of shares worth Rs8bn ($ 97 m) and an offer-for-sale of 48.5 million equity shares by existing shareholders.

Bengaluru based CureFoods operates brands such as CakeZone and Nomad Pizza .

VR Score

72

Informative language

68

Neutral language

77

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

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