HRAWI Requests Government To Return Input Tax Credit

Hotel and Restaurant Association Western India (HRAWI) claims that the reduction in GST on restaurant services without input credit will impact the industry in a negative way. To this effect, HRAWI recently submitted a representation to state finance mini...

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Paperboat Making Age-Old Recipes Cool For Millenials

Paper boat brands of drinks producer Hector Beverages is taking traditional Indian items like chikki and aam papad to the millenials in a “cool” avatar. I see myself as Superman, who is a “protector of traditional recipes”, said Ne...

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Mobiefit Bags $1.3 Million Fund Fron NB Ventures

Mobiefit recently raised a pre Series A funding of $1.35 Million (Rs 8.85 Crore) led by NB Ventures of Dubai with co-investment from MediAssist. NB Ventures is a $50+ million Dubai-based fund, whose recent Indian investments include Participation in $7 mi...

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GST Review For Restaurants Ruled Out: Government

The representatives of the National Restaurant Association of India (NRAI), whose members are facing intense criticism from the government for jacking up menu prices, met the finance ministry brass 10 days ago to give their reason for a price hike, after ...

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Holachef A Food-Tech Startup Raised Rs 8.95 Crore Capital

Holachef Hospitality Pvt. Ltd, a Mumbai-based food delivery startup raised Rs 8.95 crore ($1.38 million) capital through a mix of equity and debt, about Rs 2.94 crore was through equity from a clutch of individual investors and corporate entities, includi...

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