Baskin Robbins operator Graviss in talks to take over Dunkin' India franchise
Graviss Group is negotiating to acquire Dunkin's India rights from Inspire Brands as Jubilant FoodWorks exits the loss-making chain (Rs 19.1 crore losses, 27 stores) when its deal terminates December 31. Graviss plans a revamp with Indianised desserts and sugar-free options.
What happened
Baskin Robbins operator Graviss Group is in talks to acquire India franchise rights for Dunkin' from Inspire Brands, after Jubilant FoodWorks exits the
Key facts
- FY25 revenue Rs 354 crore
- 800 parlours
- 230 cities
- 5,000 retail points
- 27 Dunkin' stores
- 0.61% of Jubilant revenue
- Rs 19.1 crore losses
Why this matters
Inspire Brands is repositioning its India franchise rights toward Graviss, the Baskin Robbins operator, as Jubilant's deal terminates December 31, opening a potential acquisition window.
What to watch
- December 31 Jubilant deal termination confirmation
- Signed franchise agreement announcement between Graviss and Inspire Brands
- Store count trajectory post-transition (closures vs relaunches)
- New menu launch and pricing positioning vs QSR peers
- Any competing bidder disclosure
- Graviss to negotiate revised franchise fee/royalty structure reflecting Dunkin's weak India performance
- Store rationalisation and menu overhaul toward desserts, sugar-free and beverage SKUs
- Leverage Baskin Robbins supply chain and mall/high-street footprint for co-located or converted outlets
- Jubilant redeploys capital to core Domino's/Popeyes brands after exit