Invus nears ₹500 crore minority stake in Bengaluru restaurant operator Popo Ventures
Global PE firm Invus is closing in on a ₹500 crore minority investment in Popo Ventures, parent of The Pizza Bakery, Paris Panini and Smash Guys, at a ₹1,100-1,350 crore valuation. The deal underscores a fresh wave of PE interest in India's restaurant and QSR sector.
Global PE firm Invus is nearing a ₹500 crore minority stake in Bengaluru-based restaurant operator Popo Ventures (The Pizza Bakery, Paris Panini, Smash Guys), valuing it at ₹1,100-1,350 crore amid a wave of Indian restaurant/QSR deals.
Why this matters
Popo Ventures, parent of The Pizza Bakery, Paris Panini and Smash Guys, draws a ₹500 crore bet from PE firm Invus, marking a fresh wave of institutional capital flowing into India's restaurant and QSR space.
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