EverBrands India Private Limited, the Indian operator of Subway, has raised $15 million in a funding round led by Playbook Partners.
Quillon Partners advised EverBrands on the transaction, while Talwar Thakore & Associates (TT&A) represented Playbook Partners. The TT&A team comprised Dushyant Bagga, Akshita Alok and Kopal Bhargava.
EverBrands also manages brands such as Lavazza Coffee and F and H Coffee in India. The funds will be utilised to expand its brand footprint across the country, strengthening store presence and operational capacity in the quick-service restaurant segment.
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