SEAF India has invested in Kolkata based QSR firm, Guha Roy Food Joint & Hotel Private Limited, which operates the biryani QSR chain ‘Only Alibaba’ and fried chicken brand ‘Baked & Fried’. Indus Advisors acted as the sole financial advisor to the company. Only Alibaba offers a wide variety of Mughlai & Indian cuisine; while Baked & Fried’s offerings include burgers, fries, fried chicken, sandwiches. The company currently runs 22 Only Alibaba outlets and 3 Baked & Fried outlets. The funding will be utilized for expanding the two outlets - both in and out of Kolkata.
From the Venture Intelligence PE Deal database: SEAF India via SEAF India Agribusiness International Fund and SEAF India Investment Trust has acquired a 28.03% stake in Guha Roy Food Joint & Hotel. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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