
Devyani wants a seat at the biryani banquet
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A Strategic Acquisition in India's Biryani Market
This chapter explores Divyani International's acquisition of a majority stake in Skygate Hospitality, owner of the Biryani by Kilo brand, positioning Divyani to leverage the booming biryani market in India. It also addresses the risks involved, such as financial challenges and the complexities of merging a startup with a larger corporation.
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