Piramal, Bain-backed India RF invests ₹550 cr for majority stake in Impresario Entertainment
Founded by restaurateur Riyaaz Amlani in 2001, Impresario owns and manages an umbrella of restaurant brands including Social, Mocha, Smoke House Deli, Salt Water Cafe, Slink & Bardot and Souffle across urban India, spanning over 60 locations in 17 cities in the country.
Bengaluru: India Resurgence Fund (IndiaRF), an India-focused investment platform promoted by Piramal Enterprises Ltd and global private equity major Bain Capital, on Monday announced an investment of ₹550 crore, or $66.5 million, in ‘Social’ brand’s Impresario Entertainment and Hospitality Pvt Ltd.
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