Through their innovative menus, commitment to quality ingredients, and dedication to customer well-being, these restaurants and cloud kitchens are redefining the way people enjoy healthy food in the region.
Commenting on the acquisition, Sumedha Singhal, director, Nirula’s and a member at BanyanTree Growth Capital said, “Nirula’s sells icecreams, pizzas, and burgers. Angels is a bakery and confectionery brand. They are both different genres of food. Additionally, Icecream is the bulk of Nirula’s business and is a Holi to Diwali business, while Angels, a confectionary brand, is a Diwali to Holi business. So, the seasonality evens out and complements each other well.”
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New Delhi [India], April 27 (ANI/GPRC): The legendary Hot Chocolate Fudge brand established in 1934 has gone places under BanyanTree's ownership since 2018. Nirula's is synonymous with Delhi and Delhiites. It traces its roots back to India Hotel started by the Nirula brothers in 1934 and India's first Fast Food outlet in 1977. It has many other firsts to its credit. Most Delhiites have had their first pizza, first burger or ice cream parlour experience at Nirula's and their flavours and treats have become a part of every Dilliwala's memory with Hot Chocolate Fudge and BigBoy Burger achieving cult status. In the past 5 years, Mumbai-based PE fund, BanyanTree Growth Capital has bought out the brand and worked to revive it. The menu has expanded manifold. They have introduced 51+ flavours of ice creams, sorbets, slushies, summer coolers, brownies, cookies and doughnuts. The food menu has also been expanded by introducing multiple cuisines namely Indian (meal bowls, bir
New Delhi [India], April 27 (ANI/GPRC): The legendary Hot Chocolate Fudge brand established in 1934 has gone places under BanyanTree's ownership since 2018.