Subway Franchises Consolidate Operations and Seek VC Funding In India
Subway is consolidating their franchise operations in India as their biggest development agents have got together and are seeking VC funding for accelerated growth to improve operational efficiencies. Gurpreet Gulri (North India) & Chetan Arora (West India) are amongst the biggest agents while Amit Burman has a few units which they operate. Subway has around 300 franchise partners in India who operate around 560 outlets across the country. With signs of growth in the fast food industry of India, brands like Subway, McDonalds and Dominos are seeking expansion and are infusing capital to grow.