Growth Prospects Spur PE Investment

Having sold a 25% stake in its business to a consortium of private equity (PE) investors for some INR9.6bn (US$213.5mn), Indian coffee major Coffee Day Resorts is to embark on a massive domestic and international expansion programme. Keen to ensure it retains its dominant footprint in India's increasingly competitive café market, the company intends to more than double the size of its Café Coffee Day network over the next few years while also improving the contribution of its fledgling international

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