Hospitality/Food

Sashi Reddi backs Indian fast food chain Hello Curry

Indian entrepreneur and angel investor Sashi Reddi is backing Hyderabad-based fast food restaurant chain Hello Curry with INR3 crore from his seed-stage venture fund Sri Capital.


CIGI receives $1M boost from Viterra to promote Canadian field crops

Winnipeg, Canada-based non-profit agricultural organization Canadian International Grains Institute (Cigi) receoved a $1-million investment boost from Regina-based grain-handling firm Viterra Inc to promote Canadian field crops locally and internationally.

Kitwave acquires UK frozen food firm Eden Farm

North Shields Tyne and Wear, UK-based independent wholesale firm Kitwave Wholesale Group acquired Durham-based frozen food and ice cream seller Eden Farm for an undisclosed amount.

Microloans allow female entrepreneurs in Detroit to get their businesses off the ground

The Michigan Women's Foundation plans to grant low interest business loans in their "Angel Microloans" program to female entrepreneurs in Detroit to encourage them to set up their businesses there, The Detroit News reported.


Latest News

London, UK-based hotel metasearch Top10.com raised $8 million in a Series B financing round led by Balderton Capital to fuel its expansion into Europe and its plans to beef up its workforce.
Chuluota, US-based social food network Modernmeal wants to help families eat good meals at home by providing a website where users can create, compile, and share their own or others' home recipes.
Sources told Bloomberg that pizza restaurant chain Sbarro is preparing for a bankruptcy filing which could take place any time in the next few weeks.
New York-based dining payments startup Dash received $1.2 million in its seed funding round from existing backers and a new investor, bringing to $1.9 the funds raised so far, VentureBeat reported.
Colony Capital and Woodridge Capital Partners have joined forces to acquire the Ritz-Carlton Kapalua resort in Maui, Hawaii for an undisclosed purchase price, Bloomberg reported.
Global private equity firm The Riverside Company has acquired Optima and related company Mec3 which makes ingredients for gelato, pastries and others, for an undisclosed amount.
Paris, France-based event planning mobile app WePopp paired up with San Francisco, US-based restaurant booking app OpenTable to integrate restaurant booking service into the steps required to plan for a given event.
Waterloo, Australia-based mobile payment startup Beat the Q bagged $1 million in funding from high-net worth individuals to partially fund its planned acquisition of Sydney-based loyalty app eCoffeeCard.
Mumbai, India-based impact investment fund Ankur Capital shelled out INR50 lakh for a 30% stake in each of the Indian rural startups cloud farm-management systems firm Cropln, home compost company Daily Dump, and eye-care service provider ERC.
Li Ka-Shing, the richest man in Asia, led a $23-million investment round in Silicon Valley, US-based synthetic egg startup Hampton Creek which is preparing to conquer the Asian market.
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