Friday, April 4, 2008

Investments in Food Business in India

Source: http://www.livemint.com/2008/03/17004216/Betting-big-on-the-food-busine.html

Since 2003, these investors have put approximately $200 million (about Rs800 crore) into various types of companies which are in the food business. These deals rest firmly on glowing statistics: The food service industry is expected to grow 48% to Rs2,700 crore in the next two years after growing at a rate of 21% from 1993 to 2003, according to industry reports.

  • Cafe Coffee Day - $35m - Sequoia
  • Nirula's - $20m - Nevis Capital Partners
  • Specialty Restaurants - $20m - SAIF Partners
  • Satnam Agnri Products Ltd - $10 - $15m - Tamasek
  • Mars Restaurants and Skygourmet - $12m - Nevis Capital Partners
  • Radhakrishna Foodland - $10m - Warburg Pincus
  • Vallabhdas Kanji Ltd - $7.5m - Agronaut Private Equity
  • Yo! China - $5.5m - Matrix Partners India
  • Bakers Circle - GEM India Advisors
  • Crazy Noodles - GEM India Advisors
  • Kaati Zone - Erasmic Venture Fund

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Mukul Singhal