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Sapphire Foods India Limited operates more than 400 KFC, Pizza Hut and Taco Bell restaurants in India, Sri Lanka and the Maldives.
Founded in 2015 and based in Goregaon, India, Sapphire Foods India Pvt. Ltd. is a franchisee of Yum! Brands Inc. that runs restaurants across India, Sri Lanka and the Maldives. The company was formed through the acquisition of about 250 KFC and Pizza Hut stores, led by Samara Capital. In August 2021 a consortium co-led by Creador, NewQuest Capital Partners and TR Capital invested INR 11.5 billion at a valuation of INR 40 billion, and the company filed a draft IPO with Sebi. Sanjay Purohit is Group CEO. Its listed stage is Series D.
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