Private equity firm Inspira Global has secured ₹1,800 crore in private credit to finance its acquisition of a controlling stake in Restaurant Brands Asia (RBA), the master franchisee of Burger King in India, marking one of the largest private credit-backed deals in the country’s quick-service restaurant (QSR) sector.
The funding package includes ₹1,050 crore from investment platform 360 One, with the remaining amount expected to be raised by the end of the month, according to people familiar with the development. The financing will be used to complete Inspira’s proposed acquisition of a controlling stake in RBA, which also operates Burger King outlets in Indonesia.
The acquisition is being undertaken through Lenexis Foodworks, Inspira’s food services arm, which owns and operates fast-growing restaurant brands such as Chinese Wok, Big Bowl and The Momo Co. The deal is expected to significantly strengthen Inspira’s presence in India’s organised QSR market by adding the globally recognised Burger King brand to its portfolio.
The transaction comes at a time when India’s food services industry continues to attract investor interest, driven by rising disposable incomes, increasing urbanisation and growing demand for organised dining. Industry experts believe the acquisition could create operational synergies between Burger King and Lenexis’ existing brands while expanding Inspira’s footprint across multiple food categories.
Restaurant Brands Asia, which holds the master franchise rights for Burger King in India, has been working to improve profitability amid intense competition in the QSR segment. The proposed change in ownership is expected to provide the company with financial backing and strategic support for its next phase of growth.
The deal also highlights the increasing role of private credit in financing large acquisitions in India, as alternative investment firms step in to fund transactions that traditionally relied on bank lending. Once completed, the acquisition will rank among the most significant investments in India’s restaurant industry in recent years.