How to make an investment in a restaurant in India
Food lovers in India can make an extra Rs2,000-3,000 by investing in restaurants, a food fund manager has said.
The manager of the Maharashtra State Food Fund, Dr G.M. Raman, told The Hindu that it is possible to invest in restaurants through the Maharashtra Food Fund Scheme.
He said there is no need to invest more than Rs1 lakh in the scheme.
The fund manager, however, did not elaborate further on the benefits of investing in an Indian restaurant.
The scheme was launched by the Maharashtra Government in March 2016 to help food and beverage companies raise capital for their business operations.
The fund, which was set up as an autonomous fund, can also be used for the acquisition of shares in restaurant companies, according to the fund manager.
According to the scheme, the fund can also invest in the equity of a company if it is looking to expand, expand and expand, he added.
The food fund has raised nearly Rs3.5 crore through the scheme so far.
Ramani, the founder of the fund, said the scheme had brought about a major change in the industry.