Neighbourhood Hospitality Pvt. Ltd., a Mumbai-based restaurant company with a rich 15-year history, is unveiling an ambitious expansion plan alongside an upcoming funding round. Since its establishment in 2006, Neighbourhood Hospitality has been a trailblazer in the hospitality industry, unwavering in its commitment to delivering excellence and fostering innovation. Home to acclaimed brands such as Woodside Inn, Woodside Burger Shop, and The Pantry, the company is set to embark on a journey to grow its esteemed Woodside Inn brand to more than 18 locations throughout India.
Additionally, Neighbourhood Hospitality plans to introduce no less than 34 outlets each for Woodside Burger Shop and The Pantry. Currently, Woodside Inn boasts three thriving establishments in Mumbai, complemented by a network of cloud kitchens serving Woodside Burger Shop and The Pantry.
Led by Pankil Shah, Sumit Gambhir, and Abhishek Honawar, the expansion strategy comprises a fusion of traditional dine-in establishments and cutting-edge cloud kitchens, catering to a wide range of consumer tastes. This comprehensive expansion initiative is set to unfold across prominent cities, including Mumbai, Pune, NCR, Chandigarh, Bangalore, Hyderabad, Chennai, Kolkata, and Goa, with a projected timeline spanning from 2023 to 2028.
The initial focal points will be Mumbai, Pune, and Bangalore, where Neighbourhood Hospitality intends to inaugurate three establishments showcasing Woodside Inn, Woodside Burger Shop, and The Pantry.
To strengthen these expansion initiatives, Neighbourhood Hospitality aims to secure INR 12-14 crore in equity funding. This capital injection will facilitate the launch of new outlets, the formation of a specialized strategic growth team, and the improvement of current operations.
This expansion initiative marks a momentous milestone, ushering in a fresh era of redefining culinary excellence within the Indian hospitality sphere. Neighbourhood Hospitality’s steadfast commitment to maintaining high standards, fostering innovation, and embracing local culture wholeheartedly is poised to transcend conventions and reshape the culinary landscape. The company’s aim is to offer a transformative dining experience tailored to the discerning tastes of its patrons. As the company embarks on this thrilling phase of expansion, it is not only poised to broaden its presence but also establish itself as a pioneer in delivering unmatched gastronomic adventures.