{"id":144,"date":"2010-05-20T05:30:00","date_gmt":"2010-05-20T00:00:00","guid":{"rendered":"http:\/\/www.franchisezing.com\/franchise\/?p=144"},"modified":"2010-05-20T05:30:00","modified_gmt":"2010-05-20T00:00:00","slug":"nirula-s-to-expand-it-s-foot-prints","status":"publish","type":"post","link":"https:\/\/www.franchisezing.com\/franchise\/nirula-s-to-expand-it-s-foot-prints\/","title":{"rendered":"Nirula&#8217;s to expand it&#8217;s foot prints"},"content":{"rendered":"<p><figure id=\"attachment_897\" aria-describedby=\"caption-attachment-897\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.franchisezing.com\/franchise\/wp-content\/uploads\/2010\/05\/Nirulas-300x225.jpg\" alt=\"\" title=\"Nirula&#039;s\" width=\"300\" height=\"225\" class=\"size-medium wp-image-897\" \/><figcaption id=\"caption-attachment-897\" class=\"wp-caption-text\">Nirula&#8217;s to expand it&#8217;s foot prints<\/figcaption><\/figure>Nirula&#8217;s, one of India&#8217;s oldest restaurant chains with over 75 outlets across North India, plans to expand its footprint by entering 7-10 more cities, a top company official said. <\/p>\n<p>&#8220;We plan to start operations in 7-10 more cities in India,&#8221; Nirula&#8217;s Chief Executive Officer and Managing Director Samir Kuckreja said in Mumbai. <\/p>\n<p>&#8220;We already have operations in seven cities. By end-this fiscal, we will have our footprint in 15-20 cities across the country,&#8221; he said. <\/p>\n<p>Nirula&#8217;s will add another 125 shops in different formats this year to take its total tally to 200, Kuckreja said. <\/p>\n<p>&#8220;This year, we will open 80 Metro Express Outlets in Delhi and 20 more ice-cream parlours along with other formats to take the tally to 200,&#8221; he said. <\/p>\n<p>&#8220;We will have a combination of all these. Moreover, we have a successful franchise model and money will be raised in that way as well. We are giving franchises not in a shop-to-shop model, but either region-wise or state-wise,&#8221; he said. <\/p>\n<p>Malaysia-based private equity firm, Navis Capital Partners, which is a major stake holder in Nirula&#8217;s, will infuse equity for expansion, he said. <\/p>\n<p>The company does not have any plans for an IPO soon, he said, adding, &#8220;The PE firm has invested for the long-term.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nirula&#8217;s, one of India&#8217;s oldest restaurant chains plans to expand its footprint by entering 7-10 more cities.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-144","post","type-post","status-publish","format-standard","hentry","category-franchise-news","list-style-post"],"_links":{"self":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts\/144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/comments?post=144"}],"version-history":[{"count":0,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/posts\/144\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/media?parent=144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/categories?post=144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisezing.com\/franchise\/wp-json\/wp\/v2\/tags?post=144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}