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.
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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.
With the new round of funding, Swiggy also see entry of new investors like China’s Tencent and hedge funds Hillhouse Capital and Wellington…
In January, it announced a pre-Series-A investment by Unilever Ventures, Blume Ventures and Lenovo Capital.
The funds raised will be used by the company to expand into new geographies and build the network in Bengaluru.
Untill now Mondelez selling its products online through marketplaces such as Big Basket and Amazon
Bharti Family Office Company Gourmet Investments will invest close to Rs 6 crore on its new brand Ministry of Crab
Britannia has a sales turnover of Rs. 7,500 crore from the biscuits portfolio and is a market leader with a 58 per cent share in the premium segment, which is devoid of categories such as glucose and crackers.
The group will also use the fund for the repayment of loans of the company and its subsidiaries.
"Sandesh, whether or not containing chocolate, (will) attract 5 per cent GST," the FAQ said.
It caters to large chains like Burger King, Mad Over Donuts, Taco Bell and Krispy Kreme, as well as other local and national brands.
In a unique partnership of its own kind the online food platform Zomato has partnered with Ola Cabs to provide integrated and optimized service experience to the consumer. This has been done in order to re-create and co-create a comprehensive ecosystem fo
Bueno is in talks with major VC firms to raise the next round between $15-20 Million.
He said that Tea Board runs several schemes under which assistance would be sought.
The deal comes as speculation swirls about the next round of consolidation in the packaged-food business.
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