India
Surge in transactions to drive growth of Indian foodservice market
Surge in transactions to drive growth of Indian foodservice market
The sector is forecast to be worth US$32bn by 2023.
Chaayos owner raises US$21.5 million investment
The company eyes to bring its total store count to 300 across India.
First Applebee's in India scheduled to open in late 2020
Additional openings are planned over the next seven years.
Burger King India gets market regulator's nod for IPO
The company is offering a fresh issue of up to INR 4 billion (US$56.2m) equity shares.
Uber India sells food delivery business to rival aggregator
The deal gives Uber a 9.9% stake at rival firm Zomato.
Pizza Hut India MD Merrill Pereyra: Treat aggregators as partners
Pereyra, who assumed the position four months ago, cautioned chains from refusing to do business with aggregators.
Indian tea chain raises US$1 million from private funding round
Its CEO says they want to open 100 stores on or before 2025.
Tata Starbucks meets 100% pay equity
The joint venture company has also announced that women now make up 29% of the company.
Burger King India seeks US$56m in IPO
Its local operator plans to have 325 stores by end-2020.
New dimsum brand Fat Tiger eyes 1,000 stores across India
The concept has already launched in four cities.
Burger King India clinched 66% sales growth in FY2019 due to “focused” expansion: analyst
A localised menu and ‘prudent pricing’ also helped the fast food giant.
Singaporean firm acquires TGI Fridays' India
It was sold by Bistro Hospitality and TGI Fridays which held 75% and 25% stakes, respectively.
Burger King India receives US$6.28m capital infusion from Everstone Capital: report
The funds will be used for store expansion and refurbishments.
Starbucks India to ramp up store openings in 2020
The chain serves an average of 270,000 customers per week in the growing economy.
Dubai's Sumo Sushi & Bento inks deal to enter India
The Japanese restaurant chain plans to open up to 25 stores in India in the next five years.
Everstone Capital to sell Burger King India franchise: report
InterGlobe is said to be in advanced discussions with the firm.
Wake Cup Coffee & Eatery opens first outlet in India
This also marks the Indonesian coffee chain’s international debut.
