Pizza Hut operator dials India, global private equity funds for pre-IPO dough

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Sapphire Foods, an India franchisee for Yum! Brands’ KFC and Pizza Hut, is in early fundraising talks with global and local private equity firms, multiple sources told VCCircle.  To facilitate the pre-IPO round, Sapphire Foods is said to have hired investment bank Avendus Capital.  The company is looking to sell a minority ......