India, April 24 -- Devyani International Ltd. (DIL), a key player in India's Quick Service Restaurant (QSR) industry, has acquired a controlling stake in Sky Gate Hospitality Private Limited, bringing its popular brands—Biryani By Kilo, Goila Butter Chicken, and The Bhojan—under its growing portfolio. This strategic acquisition reinforces DIL's focus on strengthening its presence in the Indian cuisine segment and aligns with its broader "House of Brands" strategy.
Established in 2015 by Kaushik Roy and Vishal Jindal, Sky Gate Hospitality has carved a niche in the food delivery space with its innovative offerings, most notably the "Handi Biryani" concept. Its flagship brand, Biryani By Kilo (BBK), has emerged as a leader in the ...