Curefoods buys Krispy Kreme India rights

Cloud kitchen startup Curefoods

acquired

for American doughnut and coffee brand

following the purchase of the latter's operations in North India.

Financial terms of the deal-comprising seven retail stores and four cloud kitchens in Delhi NCR-were not disclosed. Last December, Curefoods had acquired the South and West India operations of Krispy Kreme.

With this expansion, Curefoods will be operating more than 100 Krispy Kreme outlets across the country. Krispy Kreme Inc has operations in 40 countries through a network of doughnut shops, retail partnerships and a digital platform.

"With full national rights now under our umbrella, we are excited to build a unified strategy for brand growth, customer experience, and innovation across the country," said Curefoods founder Ankit Nagori, in a statement on Tuesday. Curefoods also intends to broaden its footprint in other parts of the country.