Indian pizza chain owner seeks PE funding
Bangalore-based United Restaurants, which owns the US Pizza chain, is looking to raise INR600 million ($12.6 million) from private equity funds to finance its expansion plans. It is the latest in a string of fast-food chain to enter the market for third-party funding.
According to LiveMint, United Restaurants wants to boost its number of outlets from 90 to 250, expanding across India, South Asia and Africa, over a period of 18-24 months. Without the help of private...
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