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Indian restaurant operator raises $68m from Resurgence Fund

Impresario Entertainment to expand domestic presence from 17 cities to 30

Restaurant operator Impresario Entertainment and Hospitality Private owns brands such as Social, Mocha and Smoke House Deli. (Photo from Smoke House Deli website)

NEW DELHI -- India Resurgence Fund (IndiaRF), an India-focused investment platform promoted by Piramal Enterprises Limited and Bain Capital, announced on Monday that it has invested about $68 million in restaurant operator Impresario Entertainment and Hospitality Private.

Following the transaction, IndiaRF has become the majority shareholder of Impresario, it said in a statement.

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