Apart from cricket, the most prominent cricketer of India, Yuvraj Singh has decided to enter into food and beverages sector. Recently, his company’s YouWeCan has invested in the Cybiz BrightStar Restaurant, a master franchisee of the US-based fast food restaurant chain Carl’s Jr in India. This is the first investment of him in the Quick Service Restaurant (QSR) in the country as earlier, he had done on the mobile and consumer technology sectors. His company has put around INR 4crore in the restaurant. Generally, the company invests around INR 1 to 1.5crore in a co-investment model and in the portfolio companies, about 12 to 15%.

Till now, Cybiz BrightStar’s revenue has raised from $3million to $4million and there are other companies too, which are investing in it, such as New Delhi-based Now Foods and Elara Capital and many others. Cricketer Yuvraj Singh said,

“The vertical of QSR, especially burgers, caught my attention in the last few months as the space has got a thumbs-up from Indian consumers. This is my first foray into this space and I am delighted to partner with an international brand of this repute”.

Last month, Carl’s Jr has been entered in India at the Saket’s Select Citywalk mall in New Delhi. It’s famous for its fast-food, especially burger. Also in the month of May 2015, the Ohio-based burger chain, Wendy’s started its first restaurant in the country. The outlets of Cybiz BrightStar will be opened more in this year as the company plans to increase its revenue around INR 180crore to INR 200crore in the next two years. Taco Bell, which is the world’s largest Mexican-Based quick serve restaurant chain declared in June about the expansion of its outlets in New Delhi via partnership with Burman Hospitality, its franchise partner in India.