Section

Iconic restaurant chain Adyar Ananda Bhavan looks to tap PE funds to raise ₹1,000-1,200 cr

By Economic Times - 2 months ago
The Chennai-based QSR brand, famous for southern cuisine, is eyeing a valuation of about ₹3,500 crore, people aware of the development told ET. Veda Corporate Advisors will advise A2B in its fundraising process, which is part of a drive to professionalise the family-run business, the people said.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.