Beacon, Mirah Hospitality back Indian fine dining chain
Beacon India Private Equity has invested INR80 million ($1.7 million) in Impresario Entertainment and Hospitality, which operates fine dining restaurants Mocha and Smoke House Deli. The firm’s contribution comes alongside a INR400 million commitment from Mirah Hospitality, Livemint reported.
Impresario will use the funds to double its number of outlets in the next two years. Beacon previously invested INR250 million in the company, while Mirah retain the option to increase its holding. Mirah...
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