India: Jubilant Foodworks to buy 35% in food ordering platform Hashtag Loyalty

India: Jubilant Foodworks to buy 35% in food ordering platform Hashtag Loyalty

Photo: Jon Tyson / Unsplash.com

Jubilant Foodworks Ltd has entered into a share purchase agreement with Hashtag Loyalty Pvt. Ltd to acquire a 35% stake in the online food ordering platform for around 24.75 crore ($3.3 million), the company informed the exchanges on Wednesday.