According to Creador founder and chief executive officer Brahmal Vasudevan(pic), QSR is the fastest growing segment among food service chain formats in India.
PETALING JAYA: Private equity (PE) firm Creador has announced an investment of US$73mil (RM308.4mil) into Sapphire Foods India Ltd, which operates a combined total of 437 KFC, Pizza Hut and Taco Bell restaurants in India, Sri Lanka, and Maldives.
With the investment into Sapphire Foods, one of the largest franchisee operators of YUM! Brands in the Indian subcontinent, it marks Creador’s first foray into India’s fast-growing quick-service restaurant (QSR) sector.
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