Lighthouse Funds and DSG Consumer Partners completed the acquisition of a minority stake in Hunger for $25.13m.

Lighthouse Funds and DSG Consumer Partners, private equity firms, completed the acquisition of a minority stake in Hunger, an Indian hospitality company behind the brands: The Bombay Canteen, O Pedro, Bombay Sweet Shop, enthucutlet, Veronica’s, Papa's, for $25.13m. Hunger Inc’s funding comes at a time when deal activity in India’s quick service restaurant and cafe space has picked up. Homegrown private equity firm ChrysCapital acquired pan-India bakery chain Theobroma Foods for $270m, while KFC franchisee Devyani International picked a controlling stake in Sky Gate Hospitality, which owns the domestic chain Biryani By Kilo.