350 90 21

Goli Vada Pav gets Rs 21Crore funds from VenturEast

MUMBAI: The humble vada pav, Maharashtra’s popular staple snack, is set to compete with popular multinational fast food brands, after a venture firm joined hands with two first-time entrepreneurs to help roll out a national chain of restaurants. VenturEast, a southern venture capital firm, has invested $4.7 million, or Rs 21 crore in Goli Vada Pav, a Mumbai-based ethnic food chain that sells the snack.

Read more…