The firm is making the investment to pick up 50% stake in Sierra Nevada Restaurants and Dolomite Restaurants.
The Minister stated that in recent years India and the US have strengthened their relations.
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.
West Bengal is the third largest market for the company in the country
Eat.fit currently operates across 15 kitchens in 2 cities and has served over 1.5 million users to date.
The round has also seen participation from existing investors, including Accel Partners and Zephyr Peacock.
Fireside Ventures led the round with participation from Mohandas Pai’s 3One4 Capital, Madhu Kela and GITS Foods.
When it comes to market sales, India is about to overtake China as Amphora’s biggest market outside the UK.
This move will help the company to retain a presence in the Indian market.
Standards for alcoholic beverages will come into force from April 1, 2019 to coincide with financial year requirements of excise laws.
With the new round of funding, Swiggy also see entry of new investors like China’s Tencent and hedge funds Hillhouse Capital and Wellington…
In January, it announced a pre-Series-A investment by Unilever Ventures, Blume Ventures and Lenovo Capital.
The funds raised will be used by the company to expand into new geographies and build the network in Bengaluru.
Coatue and Meituan-Dianping, besides two other investors who could not be identified, are in talks to invest in Swiggy, which was valued at $700 million last month
In addition to its six already present in the city, Ananda has revealed two company owned company operated (COCO) stores.
The Mumbai-based startup, which is backed by Accel Partners and Zephyr Peacock, raised Rs 8.5 crore in its first debt financing exercise.
The San Francisco-based company Instacart that shops for and delivers groceries from about 200 retailers including Target Corp and Costco Wholesale Corp, said the new funding values the company at about $4.2 billion.
The investment further will focus on creating transparent, more efficient and timely procedures for delivery logistics. The investment would also entail partner and rider recognition programs for better performance.
The platform owned and operated by One Click Innovations Pvt. Ltd features more than 200 major brands and more than 3,000 Indian food products.
It has already experimented with fruit juice in its Fanta brand with orange juice over a year back.
The online restaurant discovery and food delivery firm is taking pole position by raising $200 million from Ant Financial.
With domestic brands like Amul, Parle, Big Bazaar and Dabur featuring in the top ten list of India's most popular brands.
A team of architect and the Kanpur-based food company officials visited the airport recently to check what kind of outlets could be set up at the airport.
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