Hyderabad, May 21 -- Paradise Food Court Private Limited has announced plans to open 100 new outlets across India over the next three years, targeting revenues of around Rs 500-550 crore as part of its national expansion strategy.
Addressing the media on Thursday, Paradise MD & CEO Abhik Mitra and Samara Capital Director Nilay Pratik said the company currently operates 57 outlets across the country and is focusing on aggressive expansion in Bengaluru, Chennai, and other major metro markets, including Mumbai, Pune, and New Delhi. The expansion will involve an investment of nearly Rs 100 crore.
They said Paradise recorded revenues of around Rs 260 crore in the last financial year and is currently tracking close to Rs 300 crore. The company ...