Maroosh has raised $ 2.9 Million from Unilazer Ventures

CoolAvenues Newswire | March 25,2014 10:38 am IST

Unilazer Ventures has invested $ 2.9 Million for 43% stake in Maroosh, a Lebanese cuisine QSR.

Maroosh, run by Impresa Hospitality Management Pvt ltd has 14 outlets spread across Mumbai with plans to increase its footprint by opening 50 outlets by the end of next year and 300 more over the next 4 years.

Ketan Kadam, an entrepreneur and hotelier credited to have started the first night club Fire ‘N’ Ice in Mumbai, set up Impresa Hospitality. It has developed Maroosh, a chain of QSR with Middle Eastern fare palatable to Indian taste. The company manufactures its own products, does not outsource its food supply and has a well developed inventory management and a central kitchen to ensure standards and economies of scale.



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