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
  • Superstores
    About Us: Launched in 2017, Next Door Hub is an online..
    Locations looking for expansion West bengal
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Saltlake West bengal
  • Tea And Coffee Chain
    About Us: Bean Here is a famous brand of Allahabad which..
    Locations looking for expansion Uttar pradesh
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater ALLAHABAD Uttar pradesh
  • Tea And Coffee Chain
    Beontea is a revolubon, Tradibonal tea, automated process and consistent tase...
    Locations looking for expansion Uttar Pardesh
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 050
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Uttar Pardesh
  • Quick Service Restaurants
    The ON Café stands for The Only Nutrition Café. It..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities