Amit Burman to enter restaurant
Amit Burman, CEO of Dabur Foods, is foraying into the restaurant chain business with Lite Bites, all in his personal capacity.
By Moinak Mitra, TNN |
NEW DELHI: Amit Burman, CEO of Dabur Foods, is foraying into the restaurant chain business with Lite Bites, all in his personal capacity.
With about Rs 150 crore investment committed to the F&B retail space over the next three years, Lite Bites is positioned to be a holding company that would harbour a slew of brands.
Currently, Lite Bites is being promoted by three partners — Amit Burman, Rohit Agarwal and Tej Pavan Gandok — with Mr Burman as majority shareholder.
The company operates restaurant, Subway, as a franchisee, and has just brought in another international multi-format chain, the Dubai-based Hot Brands International, with whom a JV is being forged.
With about Rs 150 crore investment committed to the F&B retail space over the next three years, Lite Bites is positioned to be a holding company that would harbour a slew of brands.
Currently, Lite Bites is being promoted by three partners — Amit Burman, Rohit Agarwal and Tej Pavan Gandok — with Mr Burman as majority shareholder.
The company operates restaurant, Subway, as a franchisee, and has just brought in another international multi-format chain, the Dubai-based Hot Brands International, with whom a JV is being forged.
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