Now Capital invests in food court operator Kwals

Date posted: Tuesday 24 January 2017

New Delhi-based investment firm Now Capital Group has invested in food court operator Kwals Group, which plans to spend over Rs.200 crores to expand operations nationwide. Now Capital did not comment on the equity structure of the investment. Kwals Group, which plans to bring American restaurant chain IHOP to India, will also look for tuck-in acquisitions for growth. Now Capital will advise Kwals on real estate, financial structuring and go-to-market strategy to ensure positive cash flow.

(Live Mint)