Paradise Plans Expansion

Paradise Biryani is planning a major expansion to bring its signature flavors to more cities across the country. The company aims to strengthen its presence in key markets and is looking to raise nearly ₹100 crore for this expansion drive.

Samara Capital, which operates Paradise food courts, is reportedly in talks with several Indian family offices to secure funds for growth. The company is expected to sell around 10 to 12 percent stake to a new investor and plans to open 100 new Paradise outlets over the next three years. It currently operates 57 outlets in Hyderabad, Bengaluru, Chennai, Vijayawada, Visakhapatnam, and Gurugram.