MAM
Subway partners with Everstone Group to expand presence in India
New Delhi: Restaurant brand Subway has signed one of its largest master franchise agreements with Everstone Group, a South Asia-focused leading private investment firm to bolster its presence in India, Sri Lanka, and Bangladesh.
As part of the partnership, Everstone, with expertise in growing and building brands in India and South Asia, will help Subway to triple the number of restaurants in 10 years from the nearly 700 locations that exist today, the company announced on Tuesday.
The new restaurants — as well as upgrades to existing locations — will adopt the company’s new, modern, and inviting ‘Fresh Forward’ design and meet the needs of today’s consumer with comfortable guest indoor dining spaces as well as numerous delivery and order-ahead options, with a strong digital-first strategy, it added further.
“Today’s announcement represents a significant step in Subway’s transformation journey and global expansion plans,” said Subway CEO John Chidsey. “Everstone, with extensive knowledge and proven restaurant operational expertise in the region, is the ideal partner as we begin this new chapter for Subway in India and South Asia.”
“The scale of this agreement is unprecedented and will ensure that Subway’s presence across India will more than triple over the next 10 years,” said Subway EMEA president Mike Kehoe. “We have seen huge demand from existing Subway guests in India and couldn’t be more excited to partner with Everstone to strengthen our presence and bring our beloved subs to even more Indian guests.”
Everstone Group founder and CEO Sameer Sain said, Subway’s philosophy of freshly made-to-order and ‘better-for-you’ food delivered at home and in-store is central to one of the greatest structural consumer trends we see in South Asia. “Everstone Group is delighted to be a partner and custodian of Subway in the region. We strongly believe that our significant experience in the QSR space, our strong digital focus, our ability to innovate, as well as our proven execution capabilities, will enable Subway to become a dominant player in the region,” he added.
Brands
Origen Realty names Preeti Rai as president- sales & strategy
Veteran hire signals push into Gurugram market with growth ambitions
GURUGRAM: Origen Realty has appointed Preeti Rai as president for sales and strategy, as the company gears up to enter the competitive Gurugram property market.
The move brings in a seasoned industry hand with over two decades of experience across residential and commercial real estate. In her new role, she will lead the company’s sales operations and go-to-market strategy, with a focus on building a strong foothold in Gurugram and driving early momentum.
Origen Realty management said the appointment marks a key milestone in its expansion plans. Origen Realty management said the hire will help sharpen execution and strengthen the company’s sales-led growth strategy as it steps into a new market.
Preeti Rai said, “I look forward to being part of Origen Realty at a pivotal stage in its journey and contributing to building a strong presence in the Gurugram market.”
Before joining Origen Realty, she served as senior vice president for sales and marketing at Elan Group. Her career also includes stints at major developers such as DLF Universal Ltd, Today Homes and Infrastructure, Paras Buildtech Pvt Ltd and Ambience Infrastructure Ltd, where she built expertise across channel sales, leasing, and end-to-end deal execution.
Known for her focus on strategy and team leadership, Rai is expected to play a central role in shaping Origen Realty’s market positioning and sales ecosystem in the region.
As Gurugram’s real estate market continues to attract fresh investments and new entrants, Origen Realty’s latest leadership hire signals its intent to compete with a clear, sales-driven playbook.
