Paris Panini Parent Popo Global Raises ₹532 Cr From Artal Asia

Bengaluru-based restaurant company Popo Global, which operates gourmet food brands including The Pizza Bakery, Paris Panini and Smash Guys, has raised ₹532 Cr (around $56 Mn) from Artal Asia. Popo Global did not disclose its valuation and the size of Artal Asia’s stake. Founded in 2017 by brothers Nikhil Gupta and Abhijit “AB” Gupta, Popo Global began with gourmet sourdough pizza brand The Pizza Bakery.