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KFC and Pizza Hut operator Sapphire Foods India Limited will be merged into Devyani International Limited
The round also saw participation from IIFL and Rocket Capital, along with existing investors Prime Venture Partners, 3one4 Capital, Commerce VC and Trifecta Capital.
KUNLUNXIN-IPO-BAIDU:Baidu’s AI chip arm Kunlunxin files confidentially for Hong Kong listing
Sapphire Foods India Limited will merge into Devyani International Limited, consolidating KFC and Pizza Hut operations under one listed company with about 3,000 stores across India.
The business generated a turnover of ₹113.5 crore in 2024-25 with an EBITDA of ₹28.9 crore. It has around 470 people strong field force and more than 1,600 stockists and other distribution related infrastructure.
The bank is planning to invest about ₹100 crore- to ₹150 crore over the next 3 to 4 years to build the tech stack that would be required for lending operations
Hospitality unicorn OYO’s parent PRISM has pre-filed draft papers for an initial public offering (IPO), days after receiving shareholders’ nod…
Walmart-owned ecommerce giant Flipkart is exiting its investment in Flying Machine as part of a broader portfolio clean-up ahead of its proposed IPO , with Arvind Fashions set to acquire the ecommerce major’s entire stake in the brand’s parent entity. Arvind Fashions Ltd said it will acquire Flipkart Group’s 31.25% holding in Arvind Youth Brands Pvt Ltd (AYBPL) for Rs 135 crore, making the company a wholly owned subsidiary. The acquisition will be executed through a share purchase agreement with Flipkart India Pvt Ltd and is expected to close on December 29, 2025, the company said in a regulatory filing. The transaction involves the purchase of one equity share of Rs 10 each and 58,95,852 compulsory convertible preference shares (CCPS) of Rs 100 each, representing Flipkart’s entire stake in AYBPL on a fully diluted basis. AYBPL operates in the wholesale and retail of apparel and accessories under the Flying Machine brand. Flipkart had invested Rs 260 crore in Arvind Youth Brands in ...
BharatPe is raising Rs 45 crore in debt from the Neo Group ahead of its initial public offering (IPO), as per regulatory filings that MediaNama reviewed. The post Exclusive: BharatPe To Raise Rs 45 Crore In Debt From Neo Group Ahead of IPO appeared first on MEDIANAMA .
Global packaged seafood startup Captain Fresh has withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), citing the need to complete a material overseas acquisition before proceeding with its IPO. The Bengaluru-based company had been planning to raise Rs 1,700 crore through a fresh issue as part of its IPO. The DRHP had been filed via the confidential pre-filing route by its parent, Infifresh Foods Ltd, in August this year for a proposed $400 million listing. Ahead of the public issue, Captain Fresh had also raised Rs 250 crore in pre-IPO funding led by existing backers Accel, Prosus Ventures and Tiger Global, with participation from the family office of Swiggy cofounder Sriharsha Majety, India Equity Partners chairman Sid Khanna and the late Sunjay Kapur of Sona Comstar, among others. According to media reports, co-founder Utham Gowda said the company has temporarily paused its listing plans due to delays linked to regulatory...
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