Mumbai, Oct. 29 -- The board of Spice Lounge Food Works has approved the acquisition of 100% of the shareholding of Rightfest Hospitality LLP (Rightfest), marking a strategic expansion in India's rapidly evolving casual dining,

quick-service, and tech-enabled food experience space.

This move is more than just an acquisition of an entertainment venue operator for the Company as it signals a deliberate horizontal expansion beyond its culinary roots into the fast-growing experiential lifestyle ecosystem. By leveraging Rightfest's strong brand, live-music events and premium venue assets, the company aims to capitalise on rising demand from affluent millennials and tourists across metros and leisure destinations.

With this strategic move, S...