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Burger King IPO proceeds to help set up new stores, repay term loan: Varman

Our plan is to open 700 restaurants by December 2026. Right now, we have 268 restaurants in India, says CEO Varman

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Burger King | IPOs

Viveat Susan Pinto 

Private equity major Everstone and US fast-food chain Burger King came together to launch the brand in India, in 2014. Since then, Burger King India — owned majorly by Everstone — has set up 268 restaurants and has plans to add more as it taps the food services potential.

Rajeev Varman, chief executive officer of the IPO-bound company, spoke to Viveat Susan Pinto on the firm’s plans. Edited excerpts: How did Burger King perform over the last eight months, during the pandemic? Everything came to a standstill during the last week of March. Having said that, one of ...

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First Published: Fri, November 27 2020. 23:14 IST
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