PE-controlled India operator of KFC, Pizza Hut raises fresh funding

Sapphire Foods India Pvt. Ltd, one of two franchises for Yum! Brands Inc.’s KFC and Pizza Hut outlets in India, has raised fresh capital from two investors including a homegrown private equity firm. The company mobilised Rs 225 crore ($32 million) from Edelweiss Private Equity and Goldman Sachs, according to a ......