Jumboking valuation at Rs 400 crore plus! ‘Multi bagger investor’ picks up stake in India’s third-largest burger chain

Ace investor Ashish Kacholia has secured a 17.2% stake in Jumboking, becoming its second-largest shareholder. The investment, valued between Rs 70-80 crore, showcases Jumboking's rising worth at Rs 400-500 crore. With 170 stores and Rs 110 crore sales, Jumboking is poised for significant expansion, focusing on franchising and...