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.
Cybiz Corp has recently raised $2 mn to expand Carl\'s Jr restaurants from group of PE investors and aims to raise $20 Million in tranches for the company™s goal to expand the Carl™s Jr brand to 100 restaurants.
Cybiz has already raised $2 Million through Private Equity investors and aims to raise $20 Million in tranches for the company™s goal to expand the Carl™s Jr brand to 100 restaurants.
The first Phase of the project was launched in 2011 with an investment of USD 2 million. Under it, 200 demo farms have been established and about 18,000 farmers have been trained till date.
The company also plan to set up a fully integrated manufacturing unit in the country for high-end cooking appliances.
Currently, Holachef is serving over 1000 orders per day across locations in Central and Western suburbs of Mumbai
According to the statement, more than 50 per cent of daily orders have shifted from the website to the app in a short period of time.
The group will be building a strong technology base, focusing on marketing of the brand and also expanding their reach to global diaspora with this fund raised.
The group is garnering instant recognition amongst the food community in the country and abroad providing a whole together experience where people can discuss about foods and places to have good food.
The company is also targeting at more than 20 per cent growth of its segments including cream, beverages and tetra-pack milk.
Investment to be used to expand foodpanda™s last-mile delivery operations and further improve customer experience globally.
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