Former Jubilant FoodWorks CEO Ajay Kaul joins Everstone as senior director

He will oversee QSR investments of F&B Asia that owns and operates several marquee brands.

Ajay Kaul, former CEO of Jubilant FoodWorks Ltd, has joined Everstone Group as Senior Director to support growth in the Quick Service Restaurant (QSR) business of its food platform F&B Asia.

The development comes at a time QSR front, the platform company plans to grow Domino’s as well as Burger King in India. Its rival McDonald in India is facing closure over license issue.

F&B Asia is an investment vehicle owned and managed by Everstone that was created to build a Pan-Asian Food and Beverage Services (“F&B”) platform across multiple formats and cuisines.

The food and beverage (F&B) industry veteran will also serve