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Food Krafters In The House: Hyderabad House Takeover

2 years ago

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Khalil Ahmed, the former promoter partner and executive director of vaccine company Shantha Biotechnics (now owned by Sanofi), has now acquired Hyderabad House, a brand known for its biryani and kebab outlets. Ahmed said Hyderabad House, which had to scale down largely because of management challenges, would now also shut down its remaining outlets as they are re-engineering and restarting the operations.
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And? 
Ahmed and his daughter Sumaiya Khalil have set up Food Krafters & Services LLP (FKS) as a special purpose vehicle to put in action the plan to invest Rs 35 crore over the next two years to set up 50 outlets of Hyderabad House across the country. FKS, he says, intends to rebrand Hyderabad House with an all-new design, with a view to provide traditional culinary experience. It will also bring on board a fresh team of expert chefs and traditional master chefs with rich and varied experience. “The deal would help Food Krafters establish a firm foothold in the food industry. Hyderabad House fits well in our scheme of things and we intend to grow and expand using this brand name,” says Ahmed.
 
What Else? 
The company is to soon open a flagship outlet in Hyderabad, before rolling out its 50 outlets through a combination of company-owned and franchisee route. A central representative will be set up at each regional hub, which will cater to the outlets in that territory. 
 
 
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Binge eater by day and binge watcher by night, Ankita is fluent in food, film, and Internet. When she’s not obsessing over the hottest trends, tacos, and the perfect author’s bio, you can find her under a pile of Jeffery Archer’s novels or looking for the nearest wine shop.