India: Travel Food Services looks to raise $40m from private equity funds to expand footprint

India: Travel Food Services looks to raise $40m from private equity funds to expand footprint

Travel Food Services Pvt. Ltd (TFS), which develops and manages food and beverage outlets and lounges across domestic airports in cities like Mumbai, Delhi and Chennai, is looking to raise up to $40 million from private equity funds, said three people familiar with the deal, including a private equity fund manager considering the deal.

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