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News

Catch up on top restaurant news, regulation updates, and business moves from across the food and beverage sector.

Trends

DoorDash Acquires Symbiosys to Power Restaurant Ad Tools

Isha Sagarika -
DoorDash, one of the leading on-demand delivery giants in the U.S., has acquired advertising technology startup Symbiosysn for $175 million, marking its third acquisition...
Restaurants

Venture Debt Firm Stride Ventures Backs Wow! Momo in Strategic Investment Move

Isha Sagarika -
In a strategic move that signals growing investor appetite for scalable QSR models in India, venture debt firm Stride Ventures has announced a debt...
Trends

Rapido Unveils ‘Ownly’ to Tap India’s Food Delivery Demand

Isha Sagarika -
In a strategic expansion beyond two-wheeler mobility, ride-hailing startup Rapido has officially entered the food delivery space with its new service—Ownly. The Bengaluru-based company,...
Restaurants

The US Restaurant Industry Workforce Hit Historic Peak in May

Isha Sagarika -
In a sign that the restaurant industry is regaining its footing post-pandemic and adapting to the evolving demands of the modern diner, the U.S....
Restaurants

Roark Capital Acquires Majority Stake in Dave’s Hot Chicken

Isha Sagarika -
In a move that’s turning heads across the foodservice and private equity sectors, Roark Capital has acquired a majority stake in Dave’s Hot Chicken,...
Hotels

Royal Orchid Hotels Clocks Nearly 10% Revenue Growth in FY25

Isha Sagarika -
In a clear sign of India’s hospitality rebound gaining momentum, Royal Orchid Hotels Ltd. has reported a 9.7% increase in consolidated income for the...
Restaurants

KFC to Add 500 Restaurants Across the U.K. and Ireland

Isha Sagarika -
In a significant update, KFC has announced plans to open 500 new restaurants across the United Kingdom and Ireland over the next decade. The...
Restaurants

Starbucks India Losses Widen 65% in FY25, Revenue Grows by 5%

Isha Sagarika -
Tata Starbucks Pvt Ltd, the 50:50 joint venture between Tata Consumer Products and Starbucks Corporation, reported a sharp 65% increase in its net loss...
Restaurants

Trèsind Studio in Dubai Becomes First Indian Restaurant to Earn Three Michelin Stars

Isha Sagarika -
In a landmark moment for Indian gastronomy on the global stage, Trèsind Studio, helmed by Chef Himanshu Saini in Dubai, has become the first...
Hotels

ITC Hotels Posts 44% YoY Revenue Growth, Crosses ₹3,300 Cr Mark in FY25

Isha Sagarika -
ITC Hotels has reported a robust 44% year-on-year jump in revenues for FY25, clocking a turnover of ₹3,333 crore—a significant leap that signals growing...
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