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.
Serafina is planning to open a restaurant each in Goa and New Delhi, besides expanding in its existing markets such as Mumbai and Bengaluru.
The group is planning to set up 5 plants in Gujarat and the remaining five will be set up in Faridabad, Kanpur, Lucknow, Varanasi and Kolkata.
The sauces and mayonnaise maker also has Motilal Oswal Private Equities on its board which owns 22 per cent in Mrs Bector\'s, which it bought out from the Goldman Sachs\' arm in 2010.
With the new food ordering business, Zomato will charge restaurants a commission ranging from 7.5% to 15% based upon the rating of the eatery.
Amul is also planning to invest Rs 50,000 crore to expand its network and set up at least 10 new processing plants across the country in next two years.
The firm deals in different types of wraps and biryanis. After Pune, Mumbai and Bengaluru, Faaso\'s recently ventured into Ahmedabad and currently operates around 90 outlets.
Holachef, founded in May 2014, brings amateur and professional chefs on its platform, allowing them to sell selected signature dishes.
Yumist, a food tech startup, raises first round of funding from Orios Venture Partners to disrupt how and what you eat at office.
By March, the group is planning to partner with over nine local and international food and personal care brands to make and distribute their products across its retail chain formats.
Amul also ensures in getting raw material at best price while keeping selling price lower than its competitors, the company added.
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