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Restaurants
Acquisitions24 Apr 2025, 06:02 pm

Devyani International Acquires Sky Gate Portfolio Brands Biryani By Kilo, Goila Butter Chicken and The Bhojan

AI Summary

Devyani International Ltd. (DIL), a prominent player in India's Quick Service Restaurant (QSR) sector, has announced the acquisition of controlling stake in Sky Gate Hospitality Private Limited (‘Sky Gate’) along with its three brands i.e. ‘Biryani By Kilo’, ‘Goila Butter Chicken’, and ‘The Bhojan’. This strategic move aims to enhance DIL's presence in the Indian cuisine segment by integrating these well-established brands into its portfolio. Sky Gate is amongst the first ones to introduce the ‘Handi Biryani’ concept and deliver freshly prepared biryani. Its flagship brand, Biryani By Kilo (BBK), is one of the leaders in the organized biryani market, offering authentic, dum-cooked biryanis prepared to order and delivered in traditional handis. Under the leadership of Roy and Jindal, Sky Gate has expanded its reach over 100 stores across 40+ cities, catering to the diverse culinary preferences of Indian consumers. This acquisition strengthens DIL’s leadership position as one of the fastest-growing QSR chains in India.

Key Highlights

  • Devyani International acquires controlling stake in Sky Gate Hospitality Private Limited
  • Acquisition includes three brands: Biryani By Kilo, Goila Butter Chicken, and The Bhojan
  • Sky Gate is a strong player in India's food delivery sector with over 100 stores across 40+ cities
  • Biryani By Kilo is a leader in the organized biryani market, offering authentic, dum-cooked biryanis
  • Acquisition strengthens DIL’s leadership position as one of the fastest-growing QSR chains in India
DEVYANI
Restaurants
Devyani International Ltd

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