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FINANCIAL NEWS
JBG, TVS Shriram Growth Fund ink $11m deal
26 Dec 2010
(MENAFN) Chairman and Chief Executive Officer of Jawad Business Group (JBG) Faisal Jawad said that the Indian TVS Shriram Growth Fund invested $11 million in Om Pizzas and Eats Private Limited, a company promoted by the Bahraini based JBG, reported Gulf Daily News.
The CEO said that brands promoted by JBG have great potential to be marketed in India. He also said that brands in JBG portfolio included Papa John’s Pizza, Chili’s Grill and Bar and The Great Kabab Factory.
JBG owns a number of global franchise restaurants and retailers. It has presence in more than 650 restaurant and retail outlets all over the Gulf Cooperation Council.
TVS Capital chairman and managing director said that this opportunity fits well with the TVS Capital’s strategy to concentrate on consumption driven opportunities and exposure to significant macro driven opportunities in the eating out market.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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