Real estate developer Concorde Group has sold its Cuppa chain of cafes to Bengaluru-based entrepreneurs Vijay Sreedhar and Visakh Viswambharan for an undisclosed amount. Their first task will be to completely reinvent the look and feel of the cafes. They also plan to take the chain national and are looking at opening outlets in Delhi, Mumbai, Hyderabad, Chennai, Coimbatore and Kochi over the next two years.

(DealStreet Asia)