QSR
Breaking News
Burger Singh’s website hacked by Pakistani hackers, leaving digital graffiti behind
Burger Singh, a Gurugram-based restaurant chain, reported that its website was hacked on Tuesday by Pakistani hackers.The company stated on X, formerly known as...
Food delivery app surge leaves QSRs struggling with revenue and margins amidst fragmented sales: BNP Paribas Report
With the exponential surge of food delivery apps like Zomato and Swiggy, quick service restaurant operators are grappling with significant challenges, as outlined in...
Biggies Burger secures pre-series A funding, valuation soars to INR 210 Crore, fueling rapid expansion plans
Biggies Burger, the indigenous burger chain of India, has secured pre-Series A funding, valuing the company at INR 210 crore. This investment marks a...
Yum Restaurants India exits Devyani International, sells entire stake for INR 871 Crore
Yum Restaurants India on Wednesday sold its entire 4.4% stake in Devyani International for INR 871 crore through an open market transaction.Devyani International, the...
Haldiram’s continues expansion in Hyderabad with inauguration of 10th QSR in Begumpet
Haldiram’s, one of the most trusted and renowned brands in the Indian culinary landscape, has further solidified its presence in Hyderabad with the inauguration...
Jubilant FoodWorks ramps up Domino’s value offerings amidst QSR downturn
Jubilant FoodWorks is looking to ramp up its focus on Domino’s value offerings as the QSR sector experiences sluggishness in the dine-in segment. As...
Jubilant Foods expects Popeyes to hit INR 1,000 Crore sales mark in 3-4 years, plans rapid expansion
QSR chain operator Jubilant Foods Ltd (JFL) expects its fried chicken brand Popeyes to reach INR 1,000 crore in sales within the next 3-4...
Devyani International surges 6% amid reports of block deal; Yum Restaurants likely seller
On February 21, Devyani International Ltd, the largest domestic franchisee for Yum Brands (including KFC & Pizza Hut) and the sole franchisee for Costa...
Retailers report modest 5% year-on-year growth in January sales: RAI Survey
According to a survey conducted by the Retailers Association of India (RAI), retail sales in January 2024 saw a modest increase of 5% compared...
abCoffee expands rapidly: 25 outlets opened in 20 months, aims for 150 by 2024
abCoffee, a Mumbai-based tech-enabled specialty coffee quick-service restaurant (QSR) chain, has opened 25 outlets in 20 months.The brand aims to have 150 stores by...
South Indian QSR chain IDC Kitchen raises INR 1.5 Crore in debt funding from Peter Thiel-backed Velocity
IDC Kitchen, a quick service restaurant chain, has secured INR 1.5 crore in a debt fund from Peter Thiel’s Valar Ventures-backed financing platform, Velocity.The...
Retail sales in India plunge as consumer sentiment remains subdued; recovery expected after two to three quarters
Retail sales in India experienced a sudden halt in 2023, with the growth rate in sectors like apparel, footwear, beauty, and quick-service restaurants (QSR)...