Restaurant Franchise Opportunities

acquisition Dec, 18 2013

SAIF India hikes stake in Specialty Restaurants

Branded restaurants of Specialty Restaurants include Mainland China and Oh! Calcutta.

By Franchise India Bureau
SAIF India hikes stake in Specialty Restaurants

SAIF Partners recently bought a 3.2 per cent stake in Specialty Restaurant, a fine dining restaurant chain, and hiked its stake to 13.8 per cent.

Media reports highlight that SAIF Partners bought this stake from Glix Securities, another pre-IPO investor, for Rs 18.7 crore. 

Related: Orkla sees potential in multi-local model

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