by tribe capital and more strategic ventures at a NUMBER_TOKEN million dollar valuation besides this they've also announced an e-stop buyback worth NUMBER_TOKEN million dollars in an effort to reward the employees who have stuck with them for a long time cut the book currently has more than NUMBER_TOKEN million registered businesses on their platform NUMBER_TOKEN million of which are monthly active users and they're going to be using these fresh funds to hire more talent and to monetize their platform by incorporating financial services like payments and lending all right next up in the funding news cure foods which is the parent company of cloud kitchen brand eat fit has raised NUMBER_TOKEN million dollars in a funding round led by iron pillar cure foods was spun off from cult fit in NUMBER_TOKEN and currently has more than NUMBER_TOKEN cloud kitchens across four indian cities cure foods currently operates food brands like eat fit yum lane aligarh house of biryani and masala box and they're gonna be using these fresh funds to acquire even more digital first food brands and expand to eight indian cities in the next NUMBER_TOKEN months all right that is all the startup news that i have for you guys this week i really hope that you enjoyed the video i hope that you learned something and if you did it would mean a lot to us if you could hit the like button and also if you haven't already now would be a great time to subscribe because we post new videos every single week about indian startups entrepreneurs and the latest news also big thanks to all of our backstage with millionaires members our unicorns our decacorns and our hecticorns we have a new hectacorn this week karthik thank you so much for your massive financial support it really means a lot to us and i hope to express that to you in a more personal way during our upcoming conference call we're gonna be making a hecticorn only community post so keep your eyes open for that we're gonna be using that post to kind of confirm and settle on a timing for all of you guys that works so that we can all get on a conference call together and meet each other and talk about backstage with millionaires and the direction that it's taking so i am really looking forward to that but even if you can't afford to financially support what we do here just the fact that you made it this far in the video the fact that you watched it to the end is plenty of help so thank you guys so much for watching this episode of backstage with millionaires and i will see you in the next one
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