All articles by Shalini Nair
Saudi Arabian fast-food chain Albaik to open branch in UAE
Albaik is opening the new branch in partnership with National Holding’s subsidiary ServQuest.
Zomato files IPO draft papers to raise $1.1bn
Indian food delivery firm Zomato has filed an initial draft paper with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) to raise as much as $1.1bn (Rs82.5bn).
Swiggy raises $800m through Series J funding round
Indian food delivery firm Swiggy has raised $800m through a Series J funding round, which takes its valuation from $3.6bn to $5bn.
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Popeyes signs agreement with JK Capital to expand brand in Mexico
Popeyes has signed an agreement with JK Capital to launch hundreds of new Popeyes restaurants in Mexico in the years to come.
Compass Group India acquires majority stake in food-tech SmartQ
Compass Group India, a wholly-owned subsidiary of UK-based Compass Group, has announced the acquisition of a majority stake in SmartQ, a platform that provides services in the digital cafeteria segment.
Restaurant equipment repairer 86 Repairs raises funds for growth
86 Repairs, a US-based platform that optimises and manages equipment repair and maintenance for restaurants, has closed a $2m round of seed funding from several investors.
India’s Rebel Foods to scale up partnerships with restaurant chains
India-based Rebel Foods is set to boost its partnerships with restaurants chains that are leveraging its Cloud-kitchen network to widen their reach.
Food delivery company Olo raises $450m through IPO
Olo, a New York-based food-ordering software company, has raised $450m through an initial public offering.