Everstone to invest Rs. 85 cr in Massive Restaurants.

F&B Asia Ventures, a division of private equity major Everstone Capital, has committed to invest up to Rs. 85 cr in Massive Restaurants, which runs Masala Library by Jiggs Kalra, Made in Punjab, and Farzi Cafe.

The company was promoted in 2012 by Zorawar Kalra, the erstwhile co-founder of the 'Punjab Grill by Jiggs Kalra' restaurant chain. It received an initial round of funding from Mirah Group (owner of Rajdhani Thali and QSR chain Falafels) in the year of its incorporation.


HBL