New investment

The funds raised will be used by the company to expand into new geographies and build the network in Bengaluru.

The company plans to utilize funds for geographical expansion and building a more integrated food solution in the backend.

Prior to joining L Capital, Sharad has been instrumental in changing the dining scenario.

This is the first time Alteria has made an equity investment since it started the fund.

Talking to reporters on the sidelines of Britannia’s 99th annual general meeting here on Monday, Wadia said Britannia has been waiting to hear from…

The company sold 50,000 cases across rum and brandy in FY18 and is looking to sell over 2 lakh cases by FY19.

Mumbai-based Coolberg seeks to tap into the “sizeable” portion of the Indian population that does not consume alcohol, the statement said.

The Chennai-based alternative asset management firm, counts beer brand Bira maker’s B9 Beverages among its prominent investments.

The Syndicate Fund and angel investor Sven Hensen, founder and managing partner of business analytics firm mayato. Existing investors Zeroth, a…

The Bengaluru-headquartered Barbeque-Nation, which pioneered ‘over the table barbeque’ concept in Indian restaurants, filed its Draft Red Herring…

The financing is expected to fuel growth towards establishing a stronger brand platform and capturing an increased share of the organized snack…

Equity International, GTI Capital Group and International Finance Corporation had also invested in SAMHI Group.

SaffronStays claims to be cash flow positive at a unit level even as it clocks about Rs 5 crore in annual revenues.

The company already has two manufacturing facilities in Assam with a production capacity of 30,000 tonnes annually.

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.