Graviss Group in talks to acquire Dunkin' India rights as Jubilant exits loss-making chain
Baskin Robbins operator Graviss is negotiating to take over Dunkin's India franchise from Inspire Brands after Jubilant FoodWorks exits the ₹19.1 crore loss-making, 27-store business on December 31. Graviss plans a menu revamp with Indianised desserts, leveraging its 800+ parlour network across 230 cities.
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 ₹354 crore
- 800+ parlours
- 230 cities
- 5,000 retail points
- 27 Dunkin' stores
- 0.61% of Jubilant revenue
- ₹19.1 crore losses
- 70+ stores
Why this matters
Inspire Brands is reshuffling its India franchisee from Jubilant to Graviss, signaling an opportunity to re-anchor Dunkin's local strategy around an operator with existing dessert-retail infrastructure.
What to watch
- Official Inspire Brands confirmation of Graviss franchise transfer
- Jubilant FoodWorks Dec 31 exit filing and impairment disclosure
- New store openings or co-branded BR-Dunkin' formats in 2025
- Coffee-QSR competitive response (Starbucks, Tim Hortons, Third Wave)
- Graviss capex/funding announcements for relaunch
- Graviss finalizes term sheet with Inspire Brands on royalty and store transfer
- Menu R&D pilot pairing Baskin Robbins desserts with Dunkin' coffee/beverages
- Rationalize the 27-store base, close unviable outlets, co-locate with BR parlours
- Jubilant redeploys capital toward Domino's and Popeyes core brands post-exit