Subway, the restaurant brand, has announced significant expansion in India, Sri Lanka and Bangladesh, as the company signed a master franchise agreement with Everstone Group (Everstone), a South Asia focused private investment firm. The agreement is one of the largest master franchise agreements in QSR history, according to a statement. “Today’s announcement represents a significant…
Yondr Group, a global data centre major based in US, and Singapore-based Everstone Group have entered into a strategic joint venture to invest over $1 billion to develop and operate data centers across India, according to ET Bureau report. The investment will be used to fund the development and operation of multi-locational hyperscale data center business across…
Pratibha Jain, Head of the Delhi office of Nishith Desai Associates has joined Everstone as Group General Counsel & Head of Corporate Affairs. Founded in 2006 by Atul Kapur and Sameer Sain, the Everstone Group is a private equity and real estate investment firm focused on supporting the aspirations of entrepreneurs, corporations and asset owners…
The Everstone Group has announced that it has reached an agreement to sell Everise, an Everstone controlled entity founded in partnership with Sudhir Agarwal led Sunrise BPO to Brookfield Business Partners and its institutional partners (Brookfield). Sudhir Agarwal, Founder & CEO of Everise will continue in his role. Everise is a Singapore-headquartered, next-gen customer experience (CX)…
Everstone, a Singapore headquartered investment group, has signed an agreement to acquire a controlling stake in Calibre, a specialty ingredients player focused on the pharmaceutical, nutritional and personal care segments. Founded in 1984 by Ranjit Bhavnani, Calibre is a leading specialty ingredients player in Iodine Derivatives, Persulfates and Perchlorates. Calibre’s customers span across US, Europe,…
IndoSpace, one of India’s leading developer of industrial real estate and warehousing facilities, announced today that it held the final close on IndoSpace Logistic Parks III (“ILP III” or the “Fund”), the largest logistics real estate fund ever raised in India. The offering was significantly oversubscribed on the back of strong investor demand. US$ 580…