Deals8 Jun 2026, 08:21 pm
Quint Digital Signs First Global Franchise Agreement for Time Out Market Delhi
AI Summary
Quint Digital Ltd has entered into a binding franchise agreement with Time Out Group plc for the development and operation of Time Out Market Delhi. This marks the first global franchise agreement for Time Out Market. Quint Digital will develop, fund, and operate the market, generating revenue through franchise fees and ongoing payments without capital contribution from Time Out Group. The market, located at 5 Worldmark, Aerocity, is anticipated to open in the second half of 2026, spanning approximately 24,500 sq ft with 11 food and drink concepts. This agreement aligns with Time Out Group's strategy for capital-light expansion of its market portfolio.
Key Highlights
- Quint Digital signs first global franchise agreement for Time Out Market.
- Time Out Market Delhi to open in H2 2026 at Aerocity.
- Agreement follows a prior exclusive option granted to Quint.
- Quint will develop, fund, and operate the market.
- Time Out Group to earn franchise fees, no capital contribution required.