Iconic Restaurant Chain Adyar Ananda Bhavan looks to tap PE Funds to raise ₹1,000-1,200 cr

Jul 11, 2024

Professor Kavil Ramachandran, Senior Advisor, Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business, is quoted in a story titled "Iconic restaurant chain Adyar Ananda Bhavan looks to tap PE funds to raise ₹1,000-1,200 cr," published in The Economic Times. 

"Professionalising the family-run businesses for future growth is one of the major reasons for bringing the private equity funds," says Professor Ramachandran.