Inspira Global has completed its ₹2,235 crore acquisition of Restaurant Brands Asia Ltd (RBA), the operator of Burger King in India and Burger King and Popeyes in Indonesia, according to a stock exchange filing on Tuesday. The deal is one of the largest control transactions in India's quick-service restaurant sector. The acquisition was carried out through Inspira Global's food and beverage platform, Lenexis Foodworks Pvt. Ltd.
Following the transaction, Inspira Global holds a 41.78% stake in Restaurant Brands Asia, as per the filing. The company’s stake is expected to increase to 48.04% after the completion of certain formalities. Burger King India reported revenue growth of 15.4% to ₹2,272 crore, with the chain expanding to 581 restaurants, highlighting the brand’s growing footprint in the Indian market.
This acquisition underscores the increasing consolidation in India's quick-service restaurant sector, which has seen significant investor interest amid rising consumer demand. Restaurant Brands Asia operates key brands like Burger King and Popeyes in India and Indonesia, positioning Inspira Global to capitalize on growth opportunities in the fast-growing food and beverage market. The deal ranks among the largest in the sector, reflecting the strategic importance of QSR chains in the region.
The acquisition was officially announced on July 7, 2026, with Inspira Global now positioned as a major stakeholder in Restaurant Brands Asia. The company’s increased stake to 48.04% is anticipated following regulatory and procedural clearances, as detailed in the stock exchange filing.