The conglomerate of private equity firms led by Kohlberg Kravis Roberts (KKR) is likely to invest around Rs 1,000 crore in Coffee Day Resorts.

The PE firms KKR, New Silk Route (NSR) and Standard Chartered Private Equity are likely to get with an ownership of more than 20 per cent in Coffee Day Resorts, which performs the role of a holding company besides running a host of businesses like resorts and IT parks apart from Cafe Coffee Day.

While, KKR and Standard Chartered have already reached agreements with Coffee Day Resorts, NSR is likely to finalise its investment in the next few days. KKR is likely to own over 10 per cent in the company and invest between $75 – 100 million (approx Rs 337.5 - 450 crore), NSR is likely to invest between $50 – 75 million (approx Rs 225 - 337.5 crore), while Standard Chartered will invest around $50 million (approx Rs 225 crore).

Cafe Coffee Day, a subsidiary of Coffee Day Resorts, plans to use some of the funds to increase the number of retail outlets and also speedily add international locations to its small portfolio in Austria, Pakistan and Dubai.