Naturals Ice Cream has inaugurated its largest store to date in Mangalore, Karnataka — the hometown of its founder, Raghunandan Srinivas Kamath.
The firm is making the investment to pick up 50% stake in Sierra Nevada Restaurants and Dolomite Restaurants.
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.
The infused capital will be used to further deepen the company’s footprint in the geographies it is currently present.
West Bengal is the third largest market for the company in the country
Silicon Valley-based Zume's trucks have robots and ovens which can be switched on remotely through cloud.
With this investment, the brand wanted to mature its campaigns and offer customers with increasingly relevant offerings.
Kalanick will make the investment in Rebel Foods through its real estate company City Storage Systems.
With this investment, Wow! Momo is now valued at Rs 860 crore, one of the highest among QSR chains in the country.
The Bengaluru-based QSR chain sells milkshakes and desserts.
The capital will go into launching new stores, refurbishing existing ones and transaction-related expenses.
Supr delivers milk, vegetables/fruits, and other daily essentials to consumers.
The company’s move is aimed at expanding capacity in the country's growing packaged foods market.
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 Maharashtra government for over a year on the incentives for the dairy project.
Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the new round.
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 startup accelerator, and Artesian Venture Partners also participated in this funding round.
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