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ChrysCapital to build desserts platform

Mint Mumbai

|

September 22, 2025

Capital, which has traditionally focused on sectors such as pharmaceuticals, healthcare and financial services.

To be sure, ChrysCapital is not strictly a buyout firm—so far, it has stuck mostly to buying smaller stakes or coinvesting with other firms.

The Theobroma deal reportedly valued the Mumbai-based quick-service restaurant (QSR) chain at ₹2,400 crore, Mint reported in August.

With the founders owning the remaining 15%, ChrysCapital highlighted that it has no plans of drastically changing how the patisserie chain operates, given that it believes that Theobroma is at the centre of the Western desserts opportunity in India, according to the Mint report.

ChrysCapital declined to comment on its bolt-on plans, while Theobroma did not requests for comment sent.

Armed with a new $2.2-billion fund that it raised earlier this year, ChrysCapital is scouting for assets in India where it can write larger cheques and build a bigger portfolio.

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