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Devyani International Limited is the largest franchisee of Yum Brands in India and is among the largest operators of quick service restaurants (QSR) chains in India on a non-exclusive basis, and operates 696 stores across 166 cities in India, as of June 30, 2021. Yum! Brands Inc. operates brands such as KFC, Pizza Hut and Taco Bell and has a presence globally with more than 50,000 restaurants in over 150 countries, as of December 31, 2020. In addition, the company is a franchisee for the Costa Coffee brand and stores in India. KFC, Pizza Hut and Costa Coffee are referred to as ‘Core Brands’ while Vaango and Food Street are considered as ‘Other Business’.