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Devyani International said in an exchange filing that its board has proposed to approve the definitive agreement and issuance of equity shares payable for the acquisition
The financial details of the deal was not disclosed
The development comes after Biryani By Kilo raised $2 Mn from Dubai-based investment firm Pulsar Capital
Devyani International, which runs QSR chains such as KFC via franchise agreements, is set to pick up controlling stakes in cloud kitchen startup…
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Devyani International said in an exchange filing that its board has proposed to approve the definitive agreement and issuance of equity shares payable for the acquisition
The financial details of the deal was not disclosed
The development comes after Biryani By Kilo raised $2 Mn from Dubai-based investment firm Pulsar Capital
Devyani International, which runs QSR chains such as KFC via franchise agreements, is set to pick up controlling stakes in cloud kitchen startup…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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