Navis backs new Nirula's expansion
Navis Capital is to invest more into Indian restaurant chain Nirula's to help fund a new expansion into seven to ten additional cities across the Subcontinent, according to Indian press reports.
Nirula's will add a total of some 125 shops and other outlets nationwide during 2010, including 80 in Delhi. The company will also raise funding for the expansion through debt and sales of franchise rights....
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