The company also recently launched Bistro, a 10-minute food delivery platform competing with Swiggy’s Snacc and Zepto Cafe.
As per the sources, the PE player has 60 days to make a legally binding bid for Theobroma Foods and 30 days to settle the conditions with Bloombay…
Tilaknagar Industries also retains an option to invest further or acquire more shares in Bartisans based on a pre-determined valuation model, should…
The firm is making the investment to pick up 50% stake in Sierra Nevada Restaurants and Dolomite Restaurants.
The Minister stated that in recent years India and the US have strengthened their relations.
Ctrip is in talks to invest around $100 million in online restaurant discovery and food-delivery platform Zomato.
South African media giant Naspers is planning to invest $12-15 million in HungerBox.
West Bengal is the third largest market for the company in the country
Eat.fit currently operates across 15 kitchens in 2 cities and has served over 1.5 million users to date.
The round has also seen participation from existing investors, including Accel Partners and Zephyr Peacock.
Fireside Ventures led the round with participation from Mohandas Pai’s 3One4 Capital, Madhu Kela and GITS Foods.
When it comes to market sales, India is about to overtake China as Amphora’s biggest market outside the UK.
This move will help the company to retain a presence in the Indian market.
Standards for alcoholic beverages will come into force from April 1, 2019 to coincide with financial year requirements of excise laws.
"The company is rapidly expanding its presence in the travel retail space and they are talking to a couple of private investment bankers to scout for PE investors to fund this expansion," said the person privy to the development.
Currently, operating in Delhi-NCR, this startup has acquired over 200+ QSR™s, large food delivery players, and travel food services providers, they are working to scale this model to other cities.
This initial funding will be used in talent acquisition, technology up-gradation, data-analytics, operations, footprint enhancement and marketing for a more seamless, hassle-free and customer- friendly process.
In the last one month the Indian food business has seen lots of tea chain raising funds with players like Chaayos, Tea Trail, Tea Box and now Chai Point gaining the investors attention.
As part of the deal, the investors would acquire 87 KFC outlets from Yum! India, while 81 Pizza Hut outlets would be purchased from the Dubai-based Dodsal group, among others.
Deepankar along with his partner Vinayak Gupta has bootstrapped the initial investment and now wants to grow their business in Delhi-NCR after getting huge response in Noida.
\"We are also launching our online ordering service in Dubai, Australia and South Africa later this month,\" shared Deepinder Goyal.
Apart from growX, Singapore-based investment firm M&Y Growth Partners and angel investor Manish Singhal participated in the round, it said in a statement.
Meanwhile, media entrepreneur turned investor Ronnie Screwvala™s Unilazer Ventures Ltd had acquired a 43.5 per cent equity stake in IHMPL for Rs 18 crore ($2.93 million), valuing the firm at RS 41.3 crore.
The investors include Rohit Bhatia, ex-CEO, Dhingana; Sunil Nikhar, CEO, Digilant Solutions; Vaibhav Domkundwar, Founder & CEO, Better; Siddharth Nautiyal (formerly with Bessemer Ventures), and others.
Copyright © 2009 - 2025 Restaurant India.