Hotline: 1800 102 2007
Hotline: 1800 102 2007
Dec, 20 2018

Edelweiss PE leads Rs 225 crore funding in Sapphire Foods

The funds raised will be used by the company for expansion activities.

Edelweiss PE leads Rs 225 crore funding in Sapphire Foods

Sapphire Foods, which operates over 350 KFC, Pizza Hut and Taco Bell restaurants in India, Sri Lanka and Maldives, has raised Rs 225 crore in a fresh round of funding led by Edelweiss Private Equity.

The funds raised will be used by the company for expansion activities.

Sanjay Purohit, Group CEO of Sapphire Foods, said, “We believe there is significant potential to expand our current restaurant base.”

Pranav Parikh, Managing Partner & Head, Edelweiss Private Equity, stated, “This investment in Sapphire Foods is consistent with our thesis to partner with structurally high growth businesses led by strong management teams.”

“We look forward to working with the team at Sapphire Foods towards its vision to be the best in the industry and partner them in their growth journey,” he added.

Presently, Sapphire Foods offers direct employment to more than 8,500 youth across India through its restaurants.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Cosmetics & Beauty Product Stores
    About Us: Started in 2004, Everyday Herbal Beauty Care, promoted &..
    Locations looking for expansion Gujarat
    Establishment year 2004
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Quick Service Restaurants
    About Us: Virgo Hospitality Established in the year 2016 with an outlet..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • About Us: Probooks offers the right set of features and provides..
    Locations looking for expansion Tamil nadu
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Ullagaram Tamil nadu
  • Consulting Services
    Himalayan Acoustics is a 13-year-old brand of Kool pack and..
    Locations looking for expansion Haryana
    Establishment year 2007
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities