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Exclusive: SAIF Partners’ portfolio firm on the block

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Venture capital and growth stage investor SAIF Partners is looking to sell its entire stake in a Bengaluru-based quick service restaurant (QSR) chain, a person privy to the development told VCCircle. The planned transaction would also involve the company’s founders selling their stake, the person said, asking not to be named. The planned stake sale comes at a time when the QSR segment, which accounts for an estimated 45% of the food services industry in India, has seen several companies such as Roll Mafia, Biryani Blues and Wow! Momo raise funding from investors. The segment, however, has also seen a...

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SAIF Partners is a private equity fund with $4 billion assets under the management. It provides early-stage and growth-stage capital to companies operating in Asia. The firm seeks to invest in consumer products and services, technology, media, education, telecom, financial services, healthcare, travel and tourism and manufacturing sectors with a focus on China, India, Korea, Hong Kong and Taiwan. It typically invests between $10 million and $100 million in one or more rounds of financing for a significant minority stake in its portfolio companies. The company was founded in 2001 and is based in Hong Kong, China with additional offices in Beijing and Shanghai.

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