Biryani By Kilo Acquires Majority Stake In Get-A-Way

Biryani and Kebab brand Biryani By Kilo acquires majority stake in Get-A-Way a dessert brand for about $2 million

Sky Gate Hospitality parent company of Biryani By Kilo acquires a majority stake in the healthy dessert brand Get-A-Way for about $2 million. Get-A-Way will get access to Biryani By Kilo over 100 cloud kitchens in about 45 cities.

According to the reports, Biryani by Kilo is in talks to raise its series C funding round which it expects to close by early next year.

According to the media reports Vishal Jindal founder and Co-CEO of Biryani By Kilo indicated his expectation from Get-A-Way of becoming a category and plan to reach new customers to offer a combination of delectable biryani with sumptuous desserts.

Get-A-Way has also appeared in Shark Tank India season 1 and got the capital of  Rs 1 crore from 3 investors namely Aman Gupta, Ashneer Grover and Vineeta Singh. Its offering includes as high-protein ice creams, low-calorie kulfis, popsicles and ice cream sandwiches.

Tags assigned to this article:
acquisition Cloud Kitchen

Around The World