Max Ventures & Industries Ltd picks restaurant for its first investment, to invest in Azure Hospitality
The company which is owned by Kabir Suri and Rahul Khanna has raised a series A round of funding last year to expand its business in Delh-NCR.
Vikramjit Singh elevated as President and Chief Revenue Officer of Lemon Tree Hotels
He was the Chief Sales Officer of the Company before being promoted as President. Singh has assumed his current position effective April, 2016.
Krispy Kreme enters into definitive merger with JAB Beech
However, the transaction is not subject to a financing condition and is expected to close in the third quarter, subject to customary closing…
HSBC slashes Zomato's valuation to $500m, Zomato, Info Edge disagaree
HSBC’s estimate that Zomato is significantly overvalued comes amid increased scrutiny by investors of unicorns, or private companies that are valued…
McDonald's operator in India sees net loss of Rs 6.53 crore for March quarter
Total revenues stood at Rs 856.83 crore for the recently-concluded fiscal as against Rs 764.33 crore in 2014-15.
Parag Milk is looking to raise around Rs 760 crore through the IPO
The proceeds would be utilised towards expansion and modernisation as well as investment in its subsidiary.
Ready to drink start-up DropKaffe bags $500,000 funding
Bengaluru based Ready to drink start-up DropKaffe bags $500,000 funding
Malaysia based PureCircle to invest $200 million in India
PureCircle, which sells zero-calorie natural sweetener, stevia across the world, received FSSAI nod in December 2015.
Danone to invest Rs 150 crore to expand in India
In India, Danone operates in dairy and Life nutrition segments. Danone Dairy has UHT and fresh dairy products such as mishtidoi, chaas, lassi, dahi,…
Loofre in advance talks with VCs to raise series A funds
Loofre also plans to go international by expanding its services to cities like Dubai, Hong Kong and Singapore.
Ravi Jaipuria's bottle arm Varun Beverages to raise Rs.1,000 crore through IPO
According to the report, the company may raise at least Rs.1,000 crore through the IPO, expected to hit the market in early 2017.
Nestle invests in TV commercials and online campaign to restore trust in Maggi
Nestle, whose fourth-quarter sales in India fell more than a fifth, according to the paper, contends the noodles were safe, but ordered a recall that…
Red Ribbon Engages Franchise India for fund raising
Red Ribbon is also eyeing to invest in hospitality businesses including the restaurant business.
Jubilant to focus on investment despite decline in profit
According to the company, the decline is attributed to higher expenses and employee benefits.
Vatika Group invest Rs 100 crore to open 200 'Nukkadwala' restaurants
"We plan to invest Rs 100 crore to open around 200 Nukkadwala restaurants in India by the end of 2019," said Vatika Group, Managing…

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