Inspira Global completed a 2,235 crore acquisition of Restaurant Brands Asia (RBA), the operator of Burger King in India and Burger King and Popeyes in Indonesia, signaling a major move in India's quick-service restaurant sector.

RBA will deploy fresh capital to accelerate restaurant expansion, bolster digital capabilities, elevate customer experience, and strengthen operational excellence across its markets.

The deal introduces a new leadership structure at RBA, with Madhusudan Agrawal appointed as Chairman and Aayush Agrawal as a Non-Executive Director, marking a new ownership era.

Inspira Global now holds 41.78% of RBA and plans to raise its stake to 48.04% through an additional 450 crore equity infusion via warrant exercise.

The acquisition expands Inspira Global’s food-and-beverage footprint through Lenexis Foodworks, adding RBA to a portfolio that already includes Chinese Wok, The Momo Co., and Big Bowl.

Overall, the deal reflects Inspira Global’s optimistic view on India’s long-term consumption growth and aims to build a leading regional food-service business.

RBA will continue operating Burger King in both India and Indonesia under extended master franchise agreements with Restaurant Brands International through 2050.