Restaurant India News: Nuvola Spirits Gets Rs 1.57 Crore Boost as Mikiamo Expands Beyond Goa
With momentum in key markets and increasing consumer interest in global flavors, Nuvola Spirits aims to scale Mikiamo nationwide while building long-…
Optimistic Capital Launches Rs 200 Cr Fund to Boost India's Microbrewery Sector
The Rs 200 crore fund represents a significant step for Optimistic Capital in advancing India’s microbrewery sector within the hospitality industry,…
Prime Venture Partners makes investment in FoodyBuddy
The funds raised will be used by the company to expand into new geographies and build the network in Bengaluru.
Biryani by Kilo plans to raise up to $8 million in Series A funding
Biryani by Kilo is planning to raise close to $6-8 million in Series A funding in a bid to aid its expansion.
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Brewhouse secures $2 million funding from Singapore based firm
Brewhouse has received $2 million funding from Singapore-based FMCG Group Food Empire Holdings, Positive Food Venture Pvt Ltd.
Gurgaon-based Hoi Foods Raises $500,000 Funding from 1 Crowd & Others
The company plans to utilize funds for geographical expansion and building a more integrated food solution in the backend.
Faasos in talks to raise more than $100 million
The fund raising is a part of the company’s plan to enter overseas markets and expand both its product range and cloud kitchen presence nationally.
Swiggy to raise $900 mn in fresh funding from Naspers
Out of the $900 million being raised, about $600 million would be invested as primary capital into Swiggy.
Suminter India Organics raises funds from responsAbility's PE arm
The impact investor has picked up a minority stake in Suminter, marking its second deal in the food and agriculture sector in the India.
Food-tech startup InnerChef raises Rs 13 crore in funding led by Mistletoe
InnerChef has raised around Rs 13 crore ($1.76 million) in a fresh funding round led by existing investor Mistletoe.
Health food brand Snackible secures funding from Mumbai Angels, 1Crowd
The funds have been raised by LightSaber Food Ventures Pvt. Ltd., selling healthful food under the Snackible brand.
Indian winemaker Grover Zampa secures fresh funding
This funding is part of a total commitment of Rs 130 crore from Viswanathan, Quintela and the AVT Group.
Licious raises $25 million in Series C funding round
The round was led by Bertelsmann India Investments, Vertex Ventures Southeast Asia and India along with UCLA.
Kae Capital invests $1 mn in Boutique Spirit Brands
The company sold 50,000 cases across rum and brandy in FY18 and is looking to sell over 2 lakh cases by FY19.
Burger Singh plans to raise around Rs 50 crore by 2019
The homegrown quick-service restaurant chain will raise the funds to expand its outlet network from the existing 25 to 100 by 2020 end.
Food-tech startup FreshMenu in early talks with PEs to raise $75 million
The funding will be used by the Bangalore-based food-tech startup to fuel its expansion plans.
Swiggy seeks investors attention to raise up to $500 mn Fund
Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the…
Maverick group invests Rs 3 cr for 30% stake in Original Ice Creams
The company will use the finance for expanding retail distribution into other cities of northern India, including Lucknow, Jaipur and Chandigarh.
Online Grocery Startup Milkbasket Raise $7 Mn Series A Round
In previous raises, the company had raised $3 million in a pre-series A funding from Unilever ventures and others in January 2018.
Food-tech startup SmartQ Secures USD $1 Mn From Dubai Investors
The company offers digital cafeteria solutions to eliminate queues, minimise wait time and offer a better experience.
Food Corporation of India to Raise Rs.5,000 crore from Government: Panel
The government is planning to invest Rs 5,000 crore in food grains supply and distribution body - Food Corporation of India over a period of next 24…
Sapphire Foods eyes $60 million from private equity investors
The fund raise will be largely primary and the existing investors will decide on monetising part of their stake based on the incoming offer
Biryani By Kilo secures angel funding from a clutch of investors
Roy has also shared his plans on coming up with three new outlets, with the help of the funds raised in the angel funding.
Milk Mantra Dairy raises USD 10 million in a fresh round of funding
The amount raised by Milk Mantra is also part of a larger funding round that is expected to close over the course of the year.