Rabo Equity Advisors Pvt Ltd is a 51% Rabobank held company with the balance 49% largely held by Rajesh Srivastava, chairman and managing director of the company. We have picked up 40% stake in this food service firm. I think, the idea is to take this company from Rs 200 crore to Rs 1,000 crore in six years' time. As you know, in 2015 -2016 the overall food service sector was down including the quick service restaurants (QSR) space. We don't want to repeat sectors and even in food service if possible.

Source: dna December 28, 2017 20:15 UTC