New Launch27 May 2025, 05:11 pm
Ambo Agritec Ltd Enters Premium Bakery Segment with 10-Year Master Franchisee Agreement
AI Summary
Ambo Agritec Limited has executed a Master Franchisee Agreement with Avantage Foods Private Limited to develop and operate 30 stores under the brand ‘Dough As You Like.’ This long-term agreement grants Ambo rights to open and manage stores across West Bengal, with a focus on standardized operations, brand consistency, and premium QSR experiences. The agreement marks a strategic entry into the consumer-focused food retail space and aligns with Ambo's expansion into high-margin FMCG verticals. The first rollout phase has commenced and is expected to significantly enhance Ambo’s retail footprint.
Key Highlights
- Ambo Agritec Ltd has signed a 10-year Master Franchisee Agreement with Avantage Foods Private Limited.
- The agreement is for the development and operation of 30 stores under the brand ‘Dough As You Like’ in West Bengal.
- This strategic move aligns with Ambo's expansion into high-margin FMCG verticals.
- The first rollout phase has commenced, aiming to enhance Ambo’s retail footprint significantly.
- ‘Dough As You Like’ is a premium European-style bakery chain, expanding rapidly in Eastern India.