Restaurant India News: Siguler Guff Invests $40 Million in Trimex Foods Private Limited

Siguler Guff has announced a $40 million investment in Trimex Foods Private Limited, the exclusive India partner for global brands like Chili’s Grill & Bar, PAUL, and Cinnabon. This is Trimex’s first time raising funds from an institutional investor. The investment will help the company expand its presence across India and introduce more international restaurant brands.

Founded in 2010, Trimex runs over 50 restaurants and bakery cafés in 13 cities. The company has built a strong position in the casual dining and bakery segment with its focused menu, brand partnerships, and efficient operations. The deal also reflects Siguler Guff’s confidence in India’s fast-growing food services sector. The firm believes Trimex is well-placed to scale global brands in the country’s large and evolving consumer market.

“India’s food services sector is undergoing a structural shift as consumers increasingly gravitate toward globally recognized dining experiences,” said Shaun Khubchandani, Partner and Co-Portfolio Manager, Siguler Guff.

“The platform built over the past fifteen years is notable, representing a scalable, multi-brand platform with industry-leading execution and a strong customer following. We are excited to support Trimex in building a premier, enduring consumer franchise in the restaurant space and replicate its success over a bigger scale by leveraging our global network,” he added.

A spokesperson for Trimex Foods said, “We are delighted to welcome Siguler Guff as our partner. Since the Company’s founding, we have focused on building a platform that delivers world-class dining experiences to Indian consumers while maintaining the highest standards of operational consistency. Siguler Guff’s global expertiseand their track record of partnering with consumer businesses in emerging markets make them agreat partner for our next phase of growth.”

Ernst & Young (“EY”) acted as the exclusive financial advisor to Trimex.