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Investments, M&As return to spice up food services space

Mainland China and Oh! Calcutta operator Speciality Restaurants is in advanced talks for its first set of acquisitions, Anjan Chatterjee, chairman of Speciality said, adding that the listed company has set aside a corpus of Rs 125 crore for M&As this calendar year. On the other hand, Rebel Foods, owner of Faasos and Mandarin Oak, is preparing for an initial share sale early next year, the first cloud kitchen company to go public.

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Rebel Foods has an IPO on the menu

Rebel Foods plans to file its draft share sale papers in the later half of the year and list on exchanges next year.

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Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others.

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How IIM duo created internet restaurant worth Rs 11000 crore; competing with Domino s, KFC, McDonalds

A duo, after graduating from IIM, decided to open their own internet restaurant and created a chain which is giving a tough fight to McDonald’s, KFC and Domino’s.

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From Faasos to Ovenstory: How two IIM alumni built Rebel Foods, the world s largest internet restaurant company with 1 4 billion valuation

From Faasos to Ovenstory: How two IIM alumni built Rebel Foods, the world s largest internet restaurant company with 1 4 billion valuation
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