India Equity Partners

Sagar Ratna Hotels Private Limited operates a chain of restaurants specializing in South Indian vegetarian cuisine, along with North Indian and Chinese delicacies. Founded in 1994 and based in New Delhi, the company offers a diverse menu that includes popular dishes such as dosa, parathas, main courses, appetizers, and chaat. In addition to its own outlets located in Karnataka, New Delhi, and Uttar Pradesh, Sagar Ratna also provides franchise opportunities, expanding its reach through franchise locations in states like Punjab, Haryana, Rajasthan, and Himachal Pradesh, as well as international locations in Toronto, Bangkok, and the United States. As of May 2017, Sagar Ratna operates as a subsidiary of Ocean Pearl Hotels Private Limited.

Innovative Foods Limited is a prominent manufacturer and seller of frozen ready-to-eat and ready-to-cook foods, operating primarily in India and internationally. The company provides a diverse range of products, including quick snacks such as fish fingers, vegetable fingers, and burger patties, as well as fine dining options like parathas and curries. It also offers a variety of vegetable, meat, and seafood items, including chicken sausages, steaks, and prawns, all marketed under the Sumeru brand name. The company supplies its products to food service companies and private labels and exports to several regions, including the United States, Europe, the Middle East, and Asia. Founded in 1989 and based in Cochin, India, Innovative Foods Limited was previously known as Innovative Marine Foods Limited.

ColdEX Logistics Pvt. Ltd. specializes in distribution and cold chain logistics services across India, catering to various sectors such as quick service restaurants, confectionery, food processing, pharmaceuticals, and agriculture. Established in 1997 and headquartered in New Delhi, the company operates a fleet of reefer trucks to provide long-haul full truckload and less-than-truckload services, as well as multi-user warehousing. ColdEX also offers dedicated vehicles for distributors, dealers, and retail stores, ensuring timely and safe delivery of temperature-sensitive goods. The company's comprehensive supply chain solutions include primary distribution, warehousing, value-added services, and secondary distribution, enabling clients to maintain the quality and safety of their products throughout the logistics process. Formerly known as Swastik Roadlines Private Limited, ColdEX is committed to enhancing the efficiency of its clients' supply chains.