Impresario Entertainment and Hospitality, the company behind renowned food and beverage brands such as SOCIAL, Smoke House Deli, Slink & Bardot, Prithvi Café, and BOSS Burger, has appointed Ranveer Sabhani as its new Chief Business Officer (CBO).
In his new position, he will assume the responsibility of expanding the company’s operations and spearheading its entry into emerging markets. Collaborating closely with the core leadership team at Impresario, which is headed by Managing Director Riyaaz Amlani, Chief Executive Officer Mayank Bhatt, and Executive Director Arshad Syed, he will play a pivotal role in charting the company’s course.
Bringing more than 16 years of valuable experience in the hospitality sector, Ranveer Sabhani became part of Impresario in 2016. Over the past six years, he has taken charge of Impresario’s South India Business, overseeing a diverse portfolio of more than ten outlets and managing a dedicated team of over 500 professionals, each with unique skill sets.
Prior to his tenure at Impresario, Ranveer Sabhani gained extensive experience working with well-known names in the restaurant industry, including The Oberoi Group and the Taj Group, among others.
Expressing enthusiasm on his new role, Sabhani said, “My journey as Business Head for South India has been incredibly rewarding, and I’m eager to apply the knowledge and experience gained in this new, expanded capacity. Impresario is known for its commitment to consumer-first brand excellence and memorable experiences. I’m eager to lead the charge in furthering our growth and innovation on a broader scale.”
Mayank Bhatt added, “Ranveer has been a devoted hotelier and a key asset to the team, sharing immense passion for the growth of Impresario’s brands. We believe in his vision to scale our flagship brands – SOCIAL, Smoke House Deli, and BOSS Burger – across newer regions in India, tapping newer audiences and inspiring the people-first culture across our organisation.”
Established in 2001, Impresario made its debut in the restaurant industry with its first venture, Mocha – Coffees and Conversations. Presently, the company has grown to encompass a network of more than 60 restaurants spanning across 15 cities in India. Under its umbrella, Impresario boasts a diverse portfolio of brands, ranging from well-established ones like SOCIAL, Smoke House Deli, and Mocha, to unique boutique offerings such as Slink & Bardot and Prithvi Café. Additionally, the company owns and manages dark kitchen brands like BOSS Burger and Lucknowee.
Last November, Impresario Entertainment and Hospitality secured a substantial investment of INR 550 crore ($66.5 million) from the India Resurgence Fund (IRF), a fund backed by Piramal Enterprises Ltd and global private equity major Bain Capital.
As a result of this financial injection, the India Resurgence Fund (IRF) assumed the position of the majority shareholder in Impresario Entertainment. In conjunction with this development, private equity firm L Catterton, which had previously invested in the company for a five-year period, exited its investment.