BanyanTree Growth Capital

The legendary Hot Chocolate Fudge brand established in 1934 has gone places under BanyanTree's ownership since 2018. Nirula's is synonymous with Delhi and Delhiites. It traces its roots back to India Hotel started by the Nirula brothers in 1934 and India’s first Fast Food outlet in 1977. It has many other firsts to its credit. Most Delhiites have had their first pizza, first burger or ice cream parlour experience at Nirula’s and their flavours and treats have become a part of every Dilliwala’s memory with Hot Chocolate Fudge and BigBoy Burger achieving cult status. In the past 5 years, Mumbai…