PE-VC Fund Investments
Coimbatore’s restaurant chain Shree Anandhaas raises Rs.175-Cr from A91 Partners
Coimbatore-based sweets & snacks seller and restaurant chain Shree Anandhaas Sweets is to raise INR 175 crore (USD 20 million) from A91 Partners in its first round of institutional funding.Founded in 1998, Shree Anandhaas Sweets is a family-owned business that operates in sweets and savouries retail across the state, mainly in Coimbatore.The fresh funds will be used by the company for expansion of its outlets in Chennai and the rest of Tamil Nadu and also to expand to Kerala and Andhra Pradesh.
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