EverBrands Secures $15M Funding Led by Playbook Partners to Accelerate Expansion of Subway and Café Portfolio in India

New Delhi, India — February 13, 2026: EverBrands, the Indian operator behind iconic food & beverage brands including Subway and Lavazza coffee, has raised **$15 million in a fresh funding round led by growth-stage investment firm Playbook Partners.

The fresh capital will be deployed to bolster EverBrands’ multi-brand quick-service restaurant (QSR) and café platform and to support aggressive footprint expansion across India’s urban markets.

Expansion Amid Rapid Store Growth

The investment comes at a time when Subway India, operated by EverBrands through its subsidiary Culinary Brands India Private Limited, recently surpassed a significant milestone of 1,000 outlets nationwide — a testament to its rapid rollout, averaging roughly two new stores per week over the past three years.

In addition to Subway, EverBrands manages Lavazza Coffee and F&H Coffee, and distributes Dilmah Tea through Fresh and Honest Café Private Limited, reinforcing its footprint across diverse QSR and café formats.

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Strategic Investment from Playbook Partners

Playbook Partners, founded by former Reliance Jio executive Vikas Choudhury, has carved a niche in backing mid-market companies driven by technology and scalable growth strategies. The $15 million investment marks one of Playbook’s more significant bets in the Indian consumer and foodservice sector and follows the firm’s first close of a $250 million India-focused fund.

This funding round underscores continued investor confidence in India’s organized food and beverage landscape — particularly in brands that combine strong consumer appeal with scalable operational models.

What’s Next for EverBrands

With plans likely focused on expanding its physical presence and enhancing the customer experience across its brand portfolio, EverBrands is poised to deepen its penetration into tier-I and tier-II markets. This capital infusion will be a key catalyst as the company navigates growth, consumer trends, and the future of quick service dining in India’s highly competitive food ecosystem.

Disclaimer

This article is based on publicly available media reports and industry sources. We have compiled the information for informational purposes only and do not independently verify the accuracy, completeness, or reliability of the details cited.