Inspira Global, the privately held food venture backed by the promoters of Ajanta Pharma, has secured private credit financing worth ₹1,800 crore to support its acquisition of a controlling stake in Restaurant Brands Asia, the operator of Burger King in India.
The deal is being carried out through Lenexis Foodworks, Inspira Global's food and beverage arm, which owns and operates quick-service restaurant brands including Chinese Wok, Big Bowl, and The Momo Co.
As part of the financing, Lenexis Foodworks has already raised ₹1,050 crore through the issuance of non-convertible debentures (NCDs), with 360 One emerging as the lead lender. The company is expected to raise the remaining ₹800 crore through private credit later this month, sources said.
Inspira Global is owned by Aayush Madhusudan Agrawal and Madhusudan Agrawal, members of the Ajanta Pharma promoter family. The proposed acquisition marks a significant expansion of the group's presence in India's quick-service restaurant sector through ownership of the Burger King India business.
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