PE-controlled India operator of KFC, Pizza Hut raises fresh funding

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Sapphire Foods India Pvt. Ltd, one of two franchises for Yum! Brands Inc.’s KFC and Pizza Hut outlets in India, has raised fresh capital from two investors including a homegrown private equity firm. The company mobilised Rs 225 crore ($32 million) from Edelweiss Private Equity and Goldman Sachs, according to a ......