Atelier Expressions, the premium lifestyle platform of TVS VENU, has entered into an agreement to acquire a majority stake in Lonestar Hospitality Private Limited, the company behind New Delhi-based luxury handcrafted mithai brand Khoya. The transaction marks another milestone in Atelier Expressions' strategy of building a portfolio of premium artisanal businesses rooted in cultural heritage and craftsmanship.

The acquisition, which is subject to customary closing conditions, is expected to be completed by the end of August 2026.

Through its investment platform, Atelier Expressions partners with heritage-led businesses to help them scale while preserving their authenticity and distinctive identity. Khoya joins a growing portfolio of premium lifestyle brands that combine traditional craftsmanship with contemporary consumer appeal.

Founded in 2016 by Sid Mathur, Khoya has built a strong reputation for reimagining traditional Indian mithai for modern consumers. The brand blends premium ingredients, artisanal craftsmanship, and refined presentation to create luxury confectionery rooted in India's rich culinary traditions. Its portfolio includes handcrafted mithai, chikki, mukhwas, savoury snacks, and premium gifting collections, available through its online channels and select retail outlets in Delhi.

As part of the transaction, Sid Mathur will continue to lead the business, retaining full operational and execution responsibilities alongside his existing leadership team.

Commenting on the acquisition, Tara Venu, Executive Director of Atelier Expressions, said Khoya perfectly represents the type of business the platform seeks to support. She noted that the brand has successfully reinterpreted one of India's oldest culinary traditions for a new generation while preserving its authenticity, making it a natural addition to Atelier Expressions' expanding portfolio.

Speaking on the partnership, Sid Mathur said the investment represents an important opportunity to scale Khoya's presence across India, explore new collaborations, and strengthen its position in the premium confectionery segment. He added that Khoya was founded on the belief that Indian mithai deserves the same craftsmanship, creativity, and attention to detail as the world's finest luxury food brands, and that Atelier Expressions shares the company's long-term vision for quality-led brand building.

Before launching Khoya, Mathur played a key role in developing well-known restaurant brands including Smoke House Deli and Social during his tenure with the Impresario Group. He also founded Secret Ingredient, one of India's leading food consultancy firms, which has worked with hospitality brands and food businesses including Taj Hotels, The Oberoi, Chaayos, DLF, GMR, and Veeba.

The acquisition further expands Atelier Expressions' premium lifestyle portfolio, which already includes French Limoges porcelain house J.L. Coquet, Dubai-based restaurant Khadak, and London luxury motorcycle helmet manufacturer Hedon. Through these investments, the platform continues to focus on businesses that combine cultural heritage, exceptional craftsmanship, and long-term growth potential.

Radisson Hotel Group has continued its global growth momentum during the first half of 2026, signing and opening 160 hotels representing more than 22,000 keys across key international markets. The expansion reflects continued owner confidence in the group's brands and growing demand for branded hospitality across luxury, lifestyle, upscale, resort, conversion, and mixed-use developments.

The group strengthened its footprint across Europe, the Middle East, Africa, and Asia Pacific through a combination of new signings, hotel openings, market entries, and brand expansions. Its diversified brand portfolio continues to drive growth across established and emerging hospitality markets.

In Europe, Radisson Hotel Group announced several key developments, including the signing of Radisson Collection Hotel Frankfurt and Radisson RED Vienna Danube Riverside. The company also expanded its resort portfolio with new openings in Tenerife and Phuket, while Radisson Individuals continued its growth in Greece and Spain. Lifestyle brand Radisson RED entered new markets including New Zealand, the Philippines, and Türkiye, while Radisson Collection strengthened its presence in premium destinations such as Lake Como.

Across the Middle East and Africa, the group expanded with notable openings including Radisson Blu Hotel Dubai Barsha Heights, Radisson Collection Residences Riyadh, and Radisson Blu Hotel Almaty Airport. During the period, the company also crossed the milestone of more than 100 hotels operating and under development across Africa.

Commenting on the group's performance, Elie Younes, Executive Vice President and Global Chief Development Officer, Radisson Hotel Group, said the company continues to create long-term value for owners and guests through its brands and people while remaining committed to delivering sustainable growth and above-market returns.

Asia Pacific remained one of the group's fastest-growing regions, supported by strong travel demand and increasing investor confidence. China continued to play a central role in Radisson's long-term strategy with more than 260 hotels operating across multiple brands and a strong development pipeline extending into Tier II, III, and IV cities.

The group also expanded its presence across Southeast Asia and Australasia. LIME Resort Bohol, a member of Radisson Individuals Premier, marked the brand's debut in Southeast Asia Pacific, while Radisson RED Auckland became both the company's first hotel in New Zealand and the first Radisson RED property in Australasia.

India continued to be one of Radisson Hotel Group's strongest growth markets during the first half of 2026. The company signed and opened 22 hotels across the country, taking its development pipeline to nearly 100 hotels.

Currently, Radisson Hotel Group operates 142 hotels with more than 15,500 keys across 86 Indian cities, reinforcing its position as one of India's leading international hotel operators.

Highlighting India's strategic importance, Elie Younes said the country's growing demand for branded hospitality, improving infrastructure, and sustained owner confidence present significant long-term opportunities. He noted that these factors, combined with Radisson's established presence and brand recognition, continue to support the group's expansion strategy.

Earlier this year, Radisson Hotel Group also unveiled its India Vision 2030 strategy, aiming to expand its portfolio to 500 hotels across the country over the next five years.

Restaurant Brands Asia Limited (RBA), the operator of Burger King in India and Burger King and Popeyes in Indonesia, has announced the successful completion of its acquisition by Inspira Global through its food and beverage platform, Lenexis Foodworks Private Limited.

The transaction was completed following the successful conclusion of the mandatory open offer, receipt of all required regulatory approvals, and fulfilment of customary closing conditions. Valued at approximately ₹2,235 crore, the deal is among the largest acquisitions in India's quick-service restaurant (QSR) sector.

Following the completion of the transaction, Inspira Global holds a 41.78 percent stake in Restaurant Brands Asia. Upon the exercise of all warrants, the group's shareholding will increase to 48.04 percent through an additional equity infusion of ₹450 crore. The company's board has also approved the appointment of Madhusudan Agrawal as Chairman and Aayush Agrawal as a Non-Executive Director.

Restaurant Brands Asia will continue to operate the Burger King and Popeyes brands under its existing master franchise and development agreements with Restaurant Brands International Inc. The agreements for Burger King operations in India and Indonesia have recently been extended until 2050, providing long-term operational continuity and supporting the company's future expansion plans.

Commenting on the completion of the transaction, Madhusudan Agrawal, Chairman of Restaurant Brands Asia Limited, said the acquisition marks the beginning of a new chapter for the company. He noted that the focus will remain on strengthening an already established business through patient capital, disciplined governance, and a long-term growth strategy while working closely with the existing leadership team.

Aayush Agrawal, Director of Restaurant Brands Asia Limited, said the acquisition reflects the group's confidence in India's long-term consumption story and its commitment to building a leading food service business through operational excellence, customer-centricity, and disciplined execution.

Backed by fresh capital and an expanded leadership team, Restaurant Brands Asia plans to accelerate restaurant expansion, enhance customer experience, strengthen technology and digital capabilities, improve operational excellence, and create sustainable long-term value for all stakeholders.

Inspira Global is an Indian business group with interests across real estate, food and beverage, pharmaceuticals, luxury home products, and clean energy. Its food and beverage platform, Lenexis Foodworks, operates quick-service restaurant brands including Chinese Wok, The Momo Co., and Big Bowl across India.

Restaurant Brands Asia Limited serves as the national master franchisee for Burger King in India and also operates Burger King and Popeyes restaurants in Indonesia through its subsidiaries.