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Paradise Biryani chain raises $12M to open 160 stores in India.
Hyderabad-based biryani chain Paradise is raising about 100 crore rupees to expand from 57 to 160 stores over three years.
The fundraise, led by its parent company Samara Capital, aims to open new outlets in cities like Pune and Kolkata.
The company reported 300 crore in revenue and has achieved profitability, capitalizing on strong demand for biryani in India.
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La cadena Paradise Biryani recauda $12M para abrir 160 tiendas en India.