EverBrands, operator of Subway and Lavazza in India, has raised a $15 million round led by Playbook Partners.
The fresh capital will be used to strengthen its multi-brand food and beverage platform and support further expansion across India.
The investment comes as Subway India recently crossed the 1,000-store milestone. The brand has added stores at an average pace of around two outlets per week over the past three years.
EverBrands operates Subway in India through Culinary Brands India Private Limited and also manages Lavazza Coffee, F&H Coffee, and…

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