Inspira secures Rs 1,800 cr private credit to fund Burger King India acquisition
Ajanta Pharma promoter-backed Inspira Global has arranged Rs 1,800 crore in private credit—including Rs 1,050 crore from 360 One—to fund its controlling-stake buy of Burger King's India operator, executed via QSR arm Lenexis Foodworks.
What happened
Burger King India · Inspira Global, backed by Ajanta Pharma promoters, has arranged Rs 1,800 crore in private credit to fund its acquisition of a controlling
Key facts
- Rs 1,800 crore private credit
- Rs 1,050 crore from 360 One
- Rs 800 crore remaining
Why this matters
Promoter-backed vehicles using private credit to seize control of listed-brand operators signals a repeatable playbook—map other underperforming Indian QSR franchisees as similar take-control targets.
What to watch
- Quarterly same-store sales growth and gross margin trajectory
- Store addition vs closure net count
- Interest coverage ratio and any covenant amendments
- 360 One exposure disclosures and secondary debt trading
- Competitive moves from McDonald's/Devyani (KFC/Pizza Hut) on pricing
- Lenexis to unveil store network audit and closure of loss-making outlets
- Menu re-pricing and value-combo relaunch to defend footfalls
- Management reshuffle and new CEO/CFO appointments post-control transfer
- Renewed master-franchise terms discussion with Burger King global (RBI)
- Potential co-branding or cloud-kitchen tie-ups to boost delivery mix