Jubilant FoodWorks
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Jubilant FoodWorks Limited is an Indian
food service The foodservice (US English) or catering (British English) industry includes the businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many ...
company based in
Noida Noida, short for New Okhla Industrial Development Authority, is a planned city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. Noida is a satellite city of Delhi and is a part of the National Capital Region (NCR) o ...
,
Uttar Pradesh Uttar Pradesh (; , 'Northern Province') is a state in northern India. With over 200 million inhabitants, it is the most populated state in India as well as the most populous country subdivision in the world. It was established in 195 ...
which holds the
master franchise A master franchise is a franchise relationship in which the owner of the franchise brand (the master franchisor) grants to another party the right to recruit new franchisees in a specific area. In exchange, the other party typically pays some pric ...
for
Domino's Pizza Domino's Pizza, Inc., trading as Domino's, is an American multinational pizza restaurant chain founded in 1960 and led by CEO Russell Weiner. The corporation is Delaware domiciled and headquartered at the Domino's Farms Office Park in Ann Arbor ...
in
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...
,
Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is ma ...
,
Sri Lanka Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...
and
Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mo ...
, for Popeyes in India, Bangladesh, Nepal and
Bhutan Bhutan (; dz, འབྲུག་ཡུལ་, Druk Yul ), officially the Kingdom of Bhutan,), is a landlocked country in South Asia. It is situated in the Eastern Himalayas, between China in the north and India in the south. A mountainou ...
, and also for
Dunkin' Donuts Dunkin' Donuts LLC, also known as Dunkin' and by the initials DD, is an American multinational coffee and doughnut company, as well as a quick service restaurant. It was founded by Bill Rosenberg (1916–2002) in Quincy, Massachusetts, in ...
in India. The company also operates two homegrown restaurant brands called Ekdum! and Hong's Kitchen. Jubilant FoodWorks is a part of the
Jubilant Bhartia Group The Jubilant Bhartia Group is an Indian Conglomerate (company), conglomerate with interests in pharmaceuticals, food services, agribusiness, energy, and other services. It was founded in 1978 by Shyam Sundar Bhartia and Hari Bhartia and is headq ...
, owned by Shyam Sunder Bhartia (husband of
Shobhana Bhartia Shobhana Bhartia (born 4 January 1957) is an Indian businesswoman. She is the chairperson and editorial director of the HT Media, one of India's largest newspapers and media houses, which she inherited from her father. She has also recently take ...
) and Hari Bhartia.


History

On the recommendation of a friend who owned other foreign pizza licences, Shyam Sunder Bhartia and Hari Bhartia of the
Jubilant Bhartia Group The Jubilant Bhartia Group is an Indian Conglomerate (company), conglomerate with interests in pharmaceuticals, food services, agribusiness, energy, and other services. It was founded in 1978 by Shyam Sundar Bhartia and Hari Bhartia and is headq ...
entered into a master franchise partnership with
Domino's Pizza Domino's Pizza, Inc., trading as Domino's, is an American multinational pizza restaurant chain founded in 1960 and led by CEO Russell Weiner. The corporation is Delaware domiciled and headquartered at the Domino's Farms Office Park in Ann Arbor ...
. Domino's Pizza India Private Ltd. was incorporated on 16 March 1995, and began operations in 1996. The company opened India's first Domino's Pizza outlet in
New Delhi New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament Hous ...
in 1996. The company changed its name to Jubilant FoodWorks Ltd in 2009. It was headed by Ajay Kaul since 2005. Pratik Rashmikant Pota became the CEO from April 2017. Pota announced his resignation in March 2022 and will step down in June. On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse chain
Dunkin' Donuts Dunkin' Donuts LLC, also known as Dunkin' and by the initials DD, is an American multinational coffee and doughnut company, as well as a quick service restaurant. It was founded by Bill Rosenberg (1916–2002) in Quincy, Massachusetts, in ...
to operate the brand in India. Jubilant FoodWorks opened India's first Dunkin' Donuts outlet in Connaught Place, New Delhi in April 2012. Jubilant FoodWorks was named "Emerging Food Group of the Year" by ''
The Economic Times ''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language bu ...
'' in 2012. The company launched its first homegrown brand called Hong's Kitchen, offering fast casual Chinese dining, with the first restaurant opening at Eros Mall in Gurugram on 13 March 2019. On 24 March 2021, Jubilant FoodWorks announced that it had entered into a master franchise and development agreement with
Restaurant Brands International Restaurant Brands International Inc. (RBI) is a Canadian-based multinational fast food holding company. It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and res ...
to operate Popeyes restaurants in India, Bangladesh, Nepal and Bhutan. The company opened India's first Popeyes outlet at
Koramangala Koramangala () is situated in the south-eastern part of Bengaluru, it is one of the largest neighborhoods, and is a residential locality with wide, tree-lined boulevards and a mix of commercial structures, and bungalows. Planned as a suburb pos ...
,
Bangalore Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
on 20 January 2022. Jubilant FoodWorks suffered a security breach in April 2021 and hackers reportedly obtained 13 terabytes of data including 180 million order details, customer names, phone numbers, email IDs, addresses, payment details, and at least 1 million credit cards. In July 2021, Jubilant pledged to supply free pizza for life to
Saikhom Mirabai Chanu Saikhom Mirabai Chanu ( Meitei pronunciation: /sái.kʰom mi.ra.bái cə.nu/; born 8 August, 1994) is an Indian weightlifter. 27-year-old Mirabai Chanu lifted a total of 201 kg to win the Gold Medal which was also India's third medal after at ...
, who won the silver medal at the
2020 Tokyo Olympics The , officially the and also known as , was an international multi-sport event held from 23 July to 8 August 2021 in Tokyo, Japan, with some preliminary events that began on 21 July. Tokyo was selected as the host city during the ...
in Women's 49 kg weightlifting. Following her medal win, Chanu had told the media, "First of all, I will go and have a pizza. It has been a long time since I ate it. I will eat a lot today."


Acquisitions

On 1 January 2021, Jubilant FoodWorks purchased a 10.76% stake in Barbeque Nation Hospitality Limited for . The company acquired a 35% stake in Mumbai-based food tech startup Thrive for in October 2021. On 19 February 2021, the company announced that it would acquire complete ownership of Netherlands-based Fides Food Systems Coöperatief UA for £24.80 million through its subsidiary Jubilant Foodworks Netherlands BV. The acquisition marks Jubilant FoodWorks entry into the Eurasian market. Fides held a 32.81% stake in DP Eurasia NV, which is the master franchisee for Dominos Pizza in Turkey, Russia, Azerbaijan and Georgia. Jubilant Foodworks announced that it had acquired an additional 6.98% stake in DP Eurasia (or 10,146,964 ordinary shares at a price of 95
pence A penny is a coin ( pennies) or a unit of currency (pl. pence) in various countries. Borrowed from the Carolingian denarius (hence its former abbreviation d.), it is usually the smallest denomination within a currency system. Presently, it is t ...
per share), taking its total stake in the company to 39.79%. Jubilant announced the completion of the merger of Fides Food Systems Coeratief UA with Jubilant Foodworks Netherlands BV on 2 March 2022, and stated that it now owned 41.32% of DP Eurasia NV.


Domino's Pizza


India

The first Domino's Pizza in India opened in
New Delhi New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament Hous ...
in 1996. India surpassed the United Kingdom to become Domino's second-largest market in December 2014, behind the United States. Domino's Pizza operates 1,495 stores across 322 Indian cities as on 31 December 2021. Domino's began accepting online orders in 2011, and online orders accounted for approximately 18-20% of total sales as of December 2013. On 19 March 2014, the 700th Domino's Pizza outlet was opened at
HUDA City Centre metro station The HUDA City Centre is a terminal station on the Yellow Line of the Delhi Metro. It is an elevated station and is located in Gurgaon in the National Capital Region of India. The station was inaugurated on 21 June 2010 as part of the Qutab Mi ...
in Sector-29,
Gurugram Gurgaon (pronunciation: ʊɽɡãːw, officially named Gurugram (pronunciation: ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the nationa ...
,
Haryana Haryana (; ) is an Indian state located in the northern part of the country. It was carved out of the former state of East Punjab on 1 Nov 1966 on a linguistic basis. It is ranked 21st in terms of area, with less than 1.4% () of India's land ...
. The company opened 47 new restaurants between January–March 2014 and 150 outlets in the 2013–2014
financial year A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
. Domino's opened its 1000th outlet at Unity One Mall, Janakpuri, Delhi in January 2016. In May 2016, the
Centre for Science and Environment Centre for Science and Environment (CSE) is a not-for-profit public interest research and advocacy organisation based in New Delhi, India. Established in 1980, CSE works as a think tank on environment-development issues in India, poor planning, ...
(CSE) reported that Domino's pizza bread was laced with toxins and carcinogens such as
potassium bromate Potassium bromate (KBrO3), is a bromate of potassium and takes the form of white crystals or powder. It is a strong oxidizing agent. It is a toxic and carcinogenic compound. Preparation Potassium bromate is produced when bromine is passed throu ...
and
potassium iodate Potassium iodate ( K I O3) is an ionic chemical compound consisting of K+ ions and IO3− ions in a 1:1 ratio. Preparation and properties Potassium iodate is an oxidizing agent and as such it can cause fires if in contact with combustible mater ...
. Potassium bromate is a category 2B carcinogen, meaning it can cause cancer. Potassium bromate was banned in India in June 2016. In 2017, a customer in Delhi claimed to have found live bugs in Domino's Pizza seasoning sachets. A video of the same went viral. This prompted Domino's to stop giving seasoning sachets for some time. When they restarted, they changed the packing from transparent to opaque. File:Dominos Pizza in Goa.jpg, A Domino's Pizza outlet in
Panaji Panaji (; also known as Panjim) is the capital of the Indian state of Goa and the headquarters of North Goa district. Previously, it was the territorial capital of the former Portuguese India. It lies on the banks of the Mandovi river estuary i ...
, Goa File:Www.thinkrefrigeration.com - panoramio.jpg, Domino's outlet in
Puri Puri () is a coastal city and a municipality in the state of Odisha in eastern India. It is the district headquarters of Puri district and is situated on the Bay of Bengal, south of the state capital of Bhubaneswar. It is also known as '' ...
, Odisha File:New Market Fast Food.JPG, Domino's, next to a KFC, in
New Market, Kolkata The New Market, formerly known as Sir Stuart Hogg Market, is a market in Kolkata situated on Lindsay Street, beside Free School Street ( Mirza Ghalib Street/Rani Rasmoni Road). Although primarily "New Market" referred to the original enclosed ...
File:Domino's delivery motorcycles in Noida.jpg, Domino's delivery motorcycles in
Noida Noida, short for New Okhla Industrial Development Authority, is a planned city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. Noida is a satellite city of Delhi and is a part of the National Capital Region (NCR) o ...
, Uttar Pradesh File:Delhi Dominos Delivery (289011309).jpg, A Domino's delivery man in Delhi.


Bangladesh

Jubilant Golden Harvest Ltd., a wholly-owned subsidiary of Jubilant FoodWorks, operates Domino's Pizza outlets in Bangladesh. Jubilant Golden Harvest Ltd. was established in early 2019 with Jubilant holding a 51% stake, and Bangladeshi company Golden Harvest Group holding the remaining 49%. The first Domino's Pizza outlet opened in
Dhaka Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), List of renamed places in Bangladesh, formerly known as Dacca, is the Capital city, capital and List of cities and towns in Bangladesh, largest city of Bangladesh, as well as the world's largest ...
in February 2019. In September 2021, Jubilant FoodWorks exercised its first
call option In finance, a call option, often simply labeled a "call", is a contract between the buyer and the seller of the call option to exchange a security at a set price. The buyer of the call option has the right, but not the obligation, to buy ...
to acquire an additional 39% stake in the joint venture taking its ownership to 90%. On 22 March 2022, the company stated that it would exercise its second call option to acquire the remaining 10% stake. Jubilant FoodWorks announced that it had taken complete control of the joint venture in May 2022. The cost of the two call options to acquire the 49% stake was BD. One share in Jubilant Golden Harvest remains with a company nominee in order to comply with Bangladeshi regulations. There are currently 10 Domino's Pizza outlets in Bangladesh.


Sri Lanka

Jubilant FoodWorks Lanka Pvt. Limited, a wholly-owned subsidiary of Jubilant FoodWorks, operates Domino's Pizza outlets in Sri Lanka. The first Domino's outlet opened in
Colombo Colombo ( ; si, කොළඹ, translit=Koḷam̆ba, ; ta, கொழும்பு, translit=Koḻumpu, ) is the executive and judicial capital and largest city of Sri Lanka by population. According to the Brookings Institution, Colombo me ...
in February 2011. There were 23 Domino's Pizza outlets in Sri Lanka as of December 2017.


Dunkin' Donuts

On 24 February 2011, Jubilant FoodWorks signed a master franchise agreement with American coffeehouse chain
Dunkin' Donuts Dunkin' Donuts LLC, also known as Dunkin' and by the initials DD, is an American multinational coffee and doughnut company, as well as a quick service restaurant. It was founded by Bill Rosenberg (1916–2002) in Quincy, Massachusetts, in ...
to operate the brand in India. Jubilant FoodWorks opened India's first Dunkin' Donuts outlet in Connaught Place, New Delhi in April 2012. Apart from donuts,
Munchkins A Munchkin is a native of the fictional Munchkin Country in the Oz books by Americans, American author L. Frank Baum. They first appear in the classic children's novel ''The Wonderful Wizard of Oz'' (1900) where they welcome Dorothy Gale to thei ...
, and coffee, the chain also serves vegetarian and non-vegetarian hot and cold food. Jubilant FoodWorks operates 29 Dunkin' Donuts outlets across 8 Indian cities as of 31 December 2021.


Popeyes

On 24 March 2021, Jubilant FoodWorks announced that it had entered into a master franchise and development agreement with
Restaurant Brands International Restaurant Brands International Inc. (RBI) is a Canadian-based multinational fast food holding company. It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and res ...
to operate Popeyes restaurants in India, Bangladesh, Nepal and Bhutan. The company opened India's first Popeyes outlet at
Koramangala Koramangala () is situated in the south-eastern part of Bengaluru, it is one of the largest neighborhoods, and is a residential locality with wide, tree-lined boulevards and a mix of commercial structures, and bungalows. Planned as a suburb pos ...
,
Bangalore Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
on 20 January 2022.


Other brands


Hong's Kitchen

Jubilant FoodWorks launched its first homegrown brand called Hong's Kitchen, offering fast casual Chinese dining, with the first restaurant opening in Gurugram on 13 March 2019.


Ekdum!

Jubilant FoodWorks launched its second homegrown brand called Ekdum!, offering a variety of biryanis from across India in addition to kebabs, curries, breads, desserts and beverages. The first three Ekdum! restaurants were opened in
Gurugram Gurgaon (pronunciation: ʊɽɡãːw, officially named Gurugram (pronunciation: ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the nationa ...
, Haryana in December 2020.


ChefBoss

Jubilant FoodWorks launched its first FMCG brand, ChefBoss in August 2020, ChefBoss is the Company’s brand that offers a range of ready-to-cook sauces, gravies and pastes. ChefBoss provides the perfect base so that the home chefs can add their magic and whip up new dishes effortlessly. With ChefBoss, you can try different cuisines anytime at home with ease.'


References


External links

*
Dunkin' Donuts India website

Popeyes India website

Domino's Pizza Sri Lanka website

Domino's Pizza Bangladesh website

Ekdum! website

Hong's Kitchen website

ChefBoss website
{{Nifty 200 companies Companies based in Noida Indian companies established in 1995 Domino's Pizza Pizza chains of India Coffeehouses and cafés in India Bakeries of India 1995 establishments in Uttar Pradesh Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange Cybercrime in India