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.
Creambell is also expanding beyond India in countries like Uganda, Kenya, Zambia and Tanzania.
The company will invest up to $250 million or more to help at least 25,000 partners graduate by 2025.
The group is also planning to open 50 cafes- 20 in NCR and another 30 in Pune, Bangalore, and Mumbai in the next 18 months.
InI Farms is a leading exporter of pomegranates and banana from India and has sales in 19 countries across Europe, Middle East and South East Asia.
Earlier in 2011, Beacon Investments and Mirah Hospitality, which owns brands like Khandani Rajdhani, had collectively invested Rs 40 crore in the restaurant chain.
In the period 2007-2014, Nestle has invested a total of 236 million euros in the factory in Girona, dedicated to the production of soluble coffee and NESCAFE Dolce Gusto capsules.
KBP owns and operates branded restaurants under franchise agreements with KFC, Taco Bell. And its is among top 25 largest restaurant franchisees in the US.
The firm has already hired a domestic investment bank for the initial public offering (IPO) and is looking to hire more bankers, said two people aware of the development.
foodpanda offers ways to order food via the mobile app or online. Globally, foodpanda partners with over 45,000 restaurants in 40 countries, being market leader in 32 of those countries.
The firm has already served over 6,000 meals in less than 3 months to more than 1200 unique customers. Currently, it is delivering almost 250-300 meals a day.
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