Devyani International Limited
Devyani International Limited (DIL) is a franchisee of Yum Brands in India It operates 1,290 stores across India, Nigeria and Nepal, as of June 30, 2023. In addition, DIL is a franchisee for the Costa Coffee brand of stores in India.
Devyani acquires Indian F&B operator Sky Gate Hospitality for $49.1m
Devyani acquires Indian F&B operator Sky Gate Hospitality for $49.1m
The deal is expected to be completed in May.
India operator Devyani International reports 84% profit slump
The company operates brands such as KFC and Pizza Hut in India
Commentary
Beverage first formats are reshaping consumption in India’s QSR market
Evolving kitchen operations are helping QSR brands navigate supply and cost uncertainties