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.
Innovative Foods which is owned by India Equity Partners (IEP) may also look for additional equity or raise the funding through another investor through a share sale, said a top official.
A thematic bistro-pub, Zu Tisch aspires to become the centre of social experiences, a place which lets you wind down your day, meet up with friends or just enjoy their wide array of drinks with a cuisine that is hearty and comfortable.
Jubilant FoodWorks, which runs QSR brands like Domino\'s Pizza and Dunkin\' Donuts in Indian market, ended at Rs 1400.55 a piece, up 0.81 per cent from their previous close on the BSE.
India had about 6,300 cold storages with a capacity of 30.11 million metric tonnes as of 2014. But, about 60 per cent of them are located in Uttar Pradesh, Gujarat, West Bengal and Punjab.
Wonderchef has become a household name in India and markets over 400 products, mostly imported, to Indian homemakers in 5,000 towns and cities.
Hindustan Coca Cola Beverages has been allotted 250 acres of land, where they will produce aerated soft drinks. Our objective is to develop Karnataka as a whole and therefore, we will be focusing on all districts.
Out of 900 rooms, 750 rooms will be in added in the new hotels the group is planning to open and the remaining will be added in hotels across Delhi.
The juice maker will use the funds raised for setting-up of a manufacturing facility in Haryana or Punjab, renovating plants in in Vadodara and Varanasi, setting-up of a corporate office at Vadodara, repayment of loans and general corporate purpose.
The brand has also entered into the market like Czech Republic, Poland and UK and is planning to expand to 14 more countries across Europe, Southeast Asia, Australia, and the Americas.
The retail brand is planning to invest Rs 100 crores in next 3 years. The brand will also employ over 2000 people at its outlets.
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