India, Jan. 23 -- In one of the rare cloud kitchen deals in India, leading accelerator & growth investment firms Ghost Kitchens led by Karan Tanna bought majority stake in cloud kitchen companies QSR Brands India and Eathos Group, for an undisclosed sum. QSR is valued at $5.5 million, while Eathos Group is valued at $2.2 million.

QSR Brands India Pvt Ltd. led by Manoj Kudtarkar has popular brands like New York Waffles & Dinges, Hakka Makka, Starboy Pizza & Shakes, Jenny's Homemade Brownies amongst a portfolio of 15 brands and 120+ point of sales with presence in cities like Mumbai, Pune, Ahmedabad, Delhi & Kolkata. With the new investments the company plans to launch 150 point of sales by end of 2020.

Eathos Group is a Chef-driven cloud...