Rebel Foods explores stake sale in premium chocolate brand Smoor

Cloud kitchen operator Rebel Foods, which owns brands such as Faasos and Behrouz Biryani, has held discussions to sell its stake in premium chocolate and dessert maker Smoor, said people briefed on the matter.

In a related move aimed at restructuring operations, Rebel Foods has closed its offices in Gurugram and Bengaluru.

One of the persons said Rebel Foods, which owns around 57% of Smoor, has been looking for a buyer but those talks have yet to fructify.