Vixar acquires 45% stake in The Belgian Waffle Co. for ₹770 crore

economictimes.indiatimes.com

Vixar acquired a 45% stake in The Belgian Waffle Co. for ₹770 crore, valuing the dessert chain at ₹1,700 crore. The deal, which includes investor Vallabh Bhansali and HDFC Asset Management, makes the investment consortium the controlling shareholder. The Belgian Waffle Co. is India's largest western dessert QSR chain with around 700 stores and reported ₹450 crore revenue in FY25.


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Vixar acquires 45% stake in The Belgian Waffle Co. for ₹770 crore | News Minimalist