YatriKart and MMG Group Sign ₹120 Crore Deal to Open 1,000 Quick-Stop Stores

The Deal

Transit retail chain YatriKart has signed a ₹120 crore partnership with MMG Group to open 1,000 quick-stop convenience stores across India over five years, Business Standard reported on 20 October 2026.

Key Facts

• Model: Franchise Invested, Company Operated (FICO) — MMG funds store infrastructure and capex; YatriKart runs operations, staffing, technology and supply chain.

• Partner: MMG Group is a Coca-Cola India franchise bottling partner and operates McDonald's outlets in north and east India.

• Locations: Petrol pumps, highways, hospitals, corporate parks and transit hubs.

• Long-term goal: YatriKart targets 5,000 outlets nationally.

Why It Matters

The agreement is a large-scale example of the FICO model, letting investors fund units while the brand controls operations.

Source: Business Standard, 20 Oct 2026.