Private equity firm New Silk Route has acquired a majority stake in Moshe’s Fine Foods, a Mumbai-based restaurant and café chain for an undisclosed amount..Samvad Partners advised New Silk Route with a team led by Partner Vineetha MG along with Senior Associate Apurva Jayant and Associate Anirudh Srinivas..Vaish & Associates advised Moshe’s with a team led by Bangalore Corporate Head Vikas Keyal and which included Nanditha Balaram and Aakanksha Nehra..This is the second acquisition for the private equity firm’s food and beverage (F&B) holding company platform Gastronomy Management Services. It had bought Bangalore-based Vasudev Adigas Fast Food Ltd, a chain of South India food outlets, last year, reports Mint..The $1.4-billion (Rs 8,560 crore) India-focused fund has allocated $100 million for investments in the food and beverage sector.
Private equity firm New Silk Route has acquired a majority stake in Moshe’s Fine Foods, a Mumbai-based restaurant and café chain for an undisclosed amount..Samvad Partners advised New Silk Route with a team led by Partner Vineetha MG along with Senior Associate Apurva Jayant and Associate Anirudh Srinivas..Vaish & Associates advised Moshe’s with a team led by Bangalore Corporate Head Vikas Keyal and which included Nanditha Balaram and Aakanksha Nehra..This is the second acquisition for the private equity firm’s food and beverage (F&B) holding company platform Gastronomy Management Services. It had bought Bangalore-based Vasudev Adigas Fast Food Ltd, a chain of South India food outlets, last year, reports Mint..The $1.4-billion (Rs 8,560 crore) India-focused fund has allocated $100 million for investments in the food and beverage sector.
