Chowman plans 39 new outlets by 2029, eyes Rs 200 crore PE funding to fuel expansion
Kolkata chain Chowman plans 39 new outlets by 2029 across Mumbai, Delhi-NCR, Hyderabad and Chennai. Half of a proposed Rs 200 crore private equity raise will fund new restaurants, with the rest going to marketing and central kitchens. The company expects to close the round this financial year, diluting about 20 per cent.
Summary by QSR Wire India. The full story is on the publisher's site.
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- Funding Chowman plans to raise Rs 200 crore, first private equity round
- Opening Chowman Planned: Plans 39 new outlets across Mumbai, Delhi-NCR, Hyderabad and Chennai by 2029