Devyani International Gobbles Up Majority Stake in Biryani By Kilo

Business Business

Posted by AI on 2025-04-24 13:39:00 | Last Updated by AI on 2025-12-19 19:08:51

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In a significant move within the Indian food industry, Devyani International Limited, a major franchisee for brands like KFC and Pizza Hut, has acquired an 80% stake in Sky Gate Hospitality Private Limited, the parent company of popular biryani chain Biryani By Kilo and casual dining brand The Bhojan. This acquisition marks a strategic expansion for Devyani International into the rapidly growing biryani segment, further diversifying its portfolio and strengthening its presence in the Indian food market.

Devyani International, known for its successful operation of prominent international quick-service restaurant chains, has been actively seeking opportunities to broaden its offerings. Biryani By Kilo, founded in 2015, has garnered a loyal following with its focus on delivering high-quality, authentic biryani prepared using traditional methods. The brand's emphasis on using premium ingredients, dum-cooked biryani, and individualized portions has resonated with consumers seeking a premium dining experience. The acquisition allows Devyani International to tap into this established customer base and leverage its existing infrastructure and expertise to scale Biryani By Kilo's operations. The Bhojan, another brand under Sky Gate Hospitality, specializes in North Indian cuisine, further complementing Devyani's expanding culinary offerings.

The acquisition of Sky Gate Hospitality represents more than just a financial transaction; it signifies a convergence of established operational excellence and emerging culinary trends. Devyani International's established supply chain network, marketing prowess, and deep understanding of the Indian consumer market are expected to provide significant support for Biryani By Kilo's growth trajectory. This strategic alignment is expected to not only boost Biryani By Kilo's reach but also introduce the brand to new markets and consumer segments. Devyani International's experience in managing and scaling restaurant brands provides a strong foundation for Biryani By Kilo's expansion plans, potentially including new locations, enhanced delivery networks, and innovative menu offerings.

This acquisition reflects a broader trend of consolidation and strategic investments in the Indian food and beverage sector. As the market evolves, established players are seeking to diversify their holdings and capitalize on emerging consumer preferences. The growing demand for convenient, high-quality food options, especially within the rapidly expanding online food delivery space, has created significant opportunities for brands like Biryani By Kilo. By acquiring a majority stake in Sky Gate Hospitality, Devyani International has positioned itself to capitalize on this growth and solidify its presence in the dynamic Indian culinary landscape. The move underscores the increasing importance of strategic partnerships and acquisitions in shaping the future of the food industry.

The details of the transaction, including the financial terms, have not been publicly disclosed. However, this acquisition signifies a vote of confidence in Biryani By Kilo's potential and further underlines the growing appetite for investment in the Indian food sector. The coming months will likely reveal more about Devyani International's plans for Biryani By Kilo and The Bhojan, and how this acquisition will shape the competitive landscape of the Indian food industry. The acquisition reflects a strategic bet on the continued growth of the Indian food market, particularly in the organized segment, and reinforces the importance of adapting to evolving consumer preferences in a rapidly changing environment.

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