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.
The company has also lined up Rs.90 crore investments under the capital expenditure plans for current financial year
With the new round of funding, ID Fresh is looking to grow its national footprint and expand its product portfolio.
By creating a vast presence in the country and maintaining the quality of the food & beverage served, Chai Thela intends to be McDonalds of Chai Nashta.
Having created its niche in the corporate houses like MakeMyTrip, goibibo, BPTP Park Centra, World Trade Tower; Tpot further eyes expansion into this space.
The recent ITC report reveals that the company’s packaged food division has witnessed a tremendous growth of almost 11 per cent with a turnover of Rs 7,097,49 crore (2015-16).
On Monday, the department finally served the notice to the Panch Batti-based McDonald's franchisee, Connaught Plaza Restaurants Pvt Ltd. and also ordered these outlets to improve their products as per the standard set by the Food Safety Act.
Starbucks also plans to expand the availability of Himalayan Mineral Water, bottled by Tata Global Beverages, beyond Starbucks stores in India to Singapore later this year.
With his association, the company hopes to bring about an innovative Indian twist to many dishes, especially by packaging the traditional Indian dishes in American style.
"If allegations are found true, Delhi government will cancel licence of the restaurant," added Sisodia.
Last year, it raised $6 million in Series A funding led by Singapore-based VC firm JAFCO Asia and existing investor Accel Partners, along with Keystone Group LP and Dragoneer Investment Group.
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