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Bottomline: Absolute Barbeque FY23 margins stagnant despite steady topline growth

Consumer

17 August, 2023

Bottomline: Absolute Barbeque FY23 margins stagnant despite steady topline growth

Absolute Barbeque Pvt. Ltd, which operates casual dining chain Absolute Barbecues, reported a mild growth in its margin for the ......

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CX Partners plans $300 mn third fund

TMT

07 February, 2023

CX Partners plans $300 mn third fund

Homegrown private equity firm CX Partners, which counts Pizza Hut operator Sapphire Foods and casual dining chain Barbeque Nation among ......

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Companies raise close to Rs 1.3 lakh cr through the IPO route in 2021; markets could lose steam soon

Finance

26 December, 2021

Companies raise close to Rs 1.3 lakh cr through the IPO route in 2021; markets could lose steam soon

The year 2021 has witnessed a tsunami of initial public offerings (IPOs), with 63 companies raising close to Rs 1.3 ......

Tiger Global-backed Wow! Momo raises $15 mn led by Singapore hedge fund Tree Line

Consumer

21 September, 2021

Tiger Global-backed Wow! Momo raises $15 mn led by Singapore hedge fund Tree Line

Quick-service restaurant (QSR) chain Wow! Momo has raised over $15 million (Rs 110 crore) in its Series C round of ......

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Biryani by Kilo in talks to raise capital from local PEs, seeks over $80 mn tag

Consumer

20 September, 2021

Biryani by Kilo in talks to raise capital from local PEs, seeks over $80 mn tag

Biryani by Kilo, a delivery-focused restaurant chain, is in advanced discussions with several homegrown private equity firms to raise $15-20 ......

Creador, NewQuest, TR Capital bet on KFC operator Sapphire Foods

Consumer

09 August, 2021

Creador, NewQuest, TR Capital bet on KFC operator Sapphire Foods

Sapphire Foods India Pvt Ltd, one of the largest franchisees for Yum! Brands’ KFC, Pizza Hut and Taco Bell restaurants ......

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Asia PEs to invest in market-bound Sapphire, valuing Pizza Hut operator at $540 mn

Consumer

09 August, 2021

Asia PEs to invest in market-bound Sapphire, valuing Pizza Hut operator at $540 mn

Two Hong Kong-based secondaries private equity firms are likely to invest in Sapphire Foods India Pvt Ltd., one of the ......

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Pizza Hut operator Sapphire Foods to file for float soon, eyes $270 mn fundraise

Consumer

03 August, 2021

Pizza Hut operator Sapphire Foods to file for float soon, eyes $270 mn fundraise

Sapphire Foods India Pvt Ltd will file for float by next month to raise Rs 1,000-2,000 crore ($135-269 million), a ......

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Pizza Hut operator Sapphire Foods in talks with global buyout firm for pre-IPO round

Consumer

24 May, 2021

Pizza Hut operator Sapphire Foods in talks with global buyout firm for pre-IPO round

Sapphire Foods India Pvt Ltd, an India franchisee for Yum! Brands’ KFC and Pizza Hut, is in advanced discussions with ......

Pizza Hut operator Devyani files for IPO, Temasek to make partial exit

Consumer

18 May, 2021

Pizza Hut operator Devyani files for IPO, Temasek to make partial exit

Devyani International, the largest India franchisee for Pizza Hut and KFC restaurants, has filed draft papers for an initial public ......