L Catterton is investing around $30 million in Nandhana Foods, acquiring a minority stake in the South India restaurant chain. Business Line describes the investment as support for Nandhana Foods’ next phase of growth and its pursuit of greater scale, drawing on L Catterton’s industry expertise and operating capabilities.
Times of India similarly reports the company is taking a minority position for about $30 million. It links the funding to Nandhana Foods’ expansion plans in a competitive restaurant market, noting that regional brands benefit from rising incomes. While both outlets agree on the investment size and stake type, they differ mainly in emphasis—one highlights operational support and scale, while the other underscores market tailwinds and growth ambitions.
