Restaurant India News: ICONIQA Hotels & Resorts Makes Its Debut at Mumbai Airport with 291 Rooms and Tech-Driven Hospitality
The debut property is located next to Mumbai International Airport’s Terminal 2, marking the company’s formal entry into the premium hospitality…
Restaurant India News: IHG Signs Agreement for Holiday Inn Siliguri, Boosting Presence in North-East India
The joint venture includes Kaysons Group, Sagar Group, and Golden Goenka Group. Scheduled to open in 2027, the hotel will be located in Siliguri,…
Restaurant India News: Harajuku Tokyo Café Raises Rs 19 Crores, Expands From Delhi NCR to Mumbai and Beyond
The launch represents a key step in the company’s strategy to mainstream Japanese cuisine within India’s dining sector.
Restaurant India News: Naturals Launches Its Largest Ice Cream Store in Mangalore, the Founder’s Hometown
Naturals Ice Cream has inaugurated its largest store to date in Mangalore, Karnataka — the hometown of its founder, Raghunandan Srinivas Kamath.
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Hunch will make investment in Wendy's & Jamie's Indian operators
The firm is making the investment to pick up 50% stake in Sierra Nevada Restaurants and Dolomite Restaurants.
Zomato likely to get $100m from China's Ctrip
Ctrip is in talks to invest around $100 million in online restaurant discovery and food-delivery platform Zomato.
Naspers is planning to invest $15 million in HungerBox
South African media giant Naspers is planning to invest $12-15 million in HungerBox.
SAIF Partners, others invest Rs 81 crore in Chaayos
The infused capital will be used to further deepen the company’s footprint in the geographies it is currently present.
Britannia may invest Rs 300-350 crore in a new state-of-the-art facility in Bengal
West Bengal is the third largest market for the company in the country
SoftBank May Invest up to $750 Million in Robotic Pizza Startup Zume
Silicon Valley-based Zume's trucks have robots and ovens which can be switched on remotely through cloud.
Uber Co-Founder Travis Kalanick to back cloud kitchen player Rebel Foods
Kalanick will make the investment in Rebel Foods through its real estate company City Storage Systems.
QSR chain Wow! Momo raises $23 mn funding from Tiger Global
With this investment, Wow! Momo is now valued at Rs 860 crore, one of the highest among QSR chains in the country.
Haldiram's in advanced talks to invest in Bengaluru-based QSR chain Frozen Bottle
The Bengaluru-based QSR chain sells milkshakes and desserts.
Burger King India gets Rs 45 crore capital infusion from Everstone for business expansion
The capital will go into launching new stores, refurbishing existing ones and transaction-related expenses.
Food-tech startup Dishq raises pre-seed fund from Techstars' accelerator, others
The Syndicate Fund and angel investor Sven Hensen, founder and managing partner of business analytics firm mayato. Existing investors Zeroth, a startup accelerator, and Artesian Venture Partners also participated in this funding round.
Barbeque Nation secures Rs 90 cr from Rakesh Jhunjhunwala's fund
The Bengaluru-headquartered Barbeque-Nation, which pioneered ‘over the table barbeque’ concept in Indian restaurants, filed its Draft Red Herring Prospectus (DRHP) for its maiden IPO in August 2017.
Norwest Venture Partners, others Invest Rs 100 cr in Kishlay Foods
The financing is expected to fuel growth towards establishing a stronger brand platform and capturing an increased share of the organized snack market in India.
Hospitality firm SAMHI Group secures $95 mn fund from Piramal Capital
Equity International, GTI Capital Group and International Finance Corporation had also invested in SAMHI Group.
Micro-hospitality startup SaffronStays secures $2 mn funding from Sixth Sense Ventures
SaffronStays claims to be cash flow positive at a unit level even as it clocks about Rs 5 crore in annual revenues.
Britannia invests Rs 200 crore in Assam Greenfield Unit
The company already has two manufacturing facilities in Assam with a production capacity of 30,000 tonnes annually.
Angels pump Rs 3.4 cr in Kids' healthful snack brand The Mumum Co.
The company, which sells snacks such as roasted grain puffs, is going to use the capital mainly for expansion in key metros and Tier-I cities.
Health foods maker Inner Being gets Rs 3.5 cr backing from CCube Angels Network
Inner Being offers items in the wellness, nutricare, and nutrifood categories. It also owns and operates an online store.
Placio acquires Food startup, raises $50k in seed funding
The company acquired a subscription-based food startup Paco Meals. With this move, it will help Paco Meals with the technology.
Oprah Winfrey makes equity investment in True Food Kitchen
Today, True Food Kitchen operates 23 restaurants in 10 states, with plans to double its store count in the next three years.