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CYK Hospitalities revamps Agra’s famous restaurant Urban Deck

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CYK Hospitalities
CYK Hospitalities (Representative Image)

CYK Hospitalities, a prominent end-to-end F&B consultancy, has rejuvenated and reintroduced Urban Deck, a well-established entity in Agra’s culinary scene. Through their expertise, this consultancy has revitalized the decade-old Urban Deck by strategically crafting a menu that ingeniously combines European and Indian culinary legacies, offering patrons a distinctive and innovative dining experience.

The newly designed menu by CYK Hospitalities seamlessly fuses the beloved flavors of European and Indian cuisines with a modern twist. It presents a wider array of distinctive and delectable choices compared to its predecessor. Some of the delectable offerings include Crostini di Formaggio, Chettinad Kathal Malabari Taco, Luxe Truffle Tomino, Fennel & White Chocolate Mousse with Citrus Sorbet, and Ginger Crumb Spring Harvest Skillet Gnocchi.

CYK Hospitalities Urban Deck
Urban Deck (Representative Image)

CYK Hospitalities has completely transformed the restaurant experience by enhancing its offerings. They have introduced food walks for culinary enthusiasts and reimagined the restaurant’s overall concept. These endeavors were undertaken to ensure that customers enjoy a comprehensive and unforgettable dining experience.

CYK Hospitalities – Director Introduction:

Pulkit Arora, Director, CYK Hospitalities, said “Urban Deck is a decade old name in the city and has been famous for its menu and taste. We wanted to bring a newness to the old menu and we seamlessly integrated European and Indian culinary traditions to create a unique dining experience. We have experimented with traditional dishes adding a contemporary twist catering it to the diverse audience.”

Simranjeet Singh, Director, CYK Hospitalities, said “Our vision for the future is expansive and forward-looking. Continually introducing new ideas to the industry, we aim to be at the forefront of culinary innovation. The scope of our commitment extends from the creation of exceptional food experiences to the assistance we provide restaurateurs in identifying the right concepts, ideal locations, and best practices. We place a high priority on setting industry benchmarks and continuously improving.”

Related Article: CJ CheilJedang’s frozen rice sales surpass $74 Million in the US

Established by industry experts, CYK Hospitalities is a renowned F&B consulting firm that specializes in brand building, focusing primarily on the food and beverage and hospitality sectors. The company assists its clients in achieving recognition for their establishments and dining venues through professional consultation and ongoing support. Their comprehensive range of services includes timely assistance in leasing, location analysis, expansion strategies, exposure and networking, staffing and training, competitive analysis, menu optimization, chef recruitment, SOP development, recipe creation, and pricing strategies, among others.

To date, the company has established partnerships with renowned space providers such as Phoenix Mall, Pacific Mall, DLF, Vegas Mall, Lulu Group, Lakeshore, Lovely Professional University, and more.

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Beer lovers rejoice: India’s first Belgian Beer Café is now open in Greater Noida!

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Belgian Beer Café
Belgian Beer Café (Representative Image)

Ever wondered what a beer café in Belgium would feel like on a weekend or during mid-week cravings? Well, you won’t have to travel across countries to experience that. Crowne Plaza Greater Noida has launched India’s first ever – Belgian Beer Café!

This cafe offers an invitation to immerse yourself in the delightful Belgian atmosphere, both in its culinary offerings and its ambiance. As you step inside, the gentle embrace of natural daylight through crystal-clear windows welcomes you, while the sophisticated dark wooden interiors infuse a sense of nostalgic charm into this intimate setting. Rustic accessories and artistic wall scribbles seamlessly embody the Belgian theme, such as the clock frozen at 11.55pm, symbolizing those cherished extra five minutes for that one last beer—a tradition akin to Belgian beer bars closing at midnight.

Belgian Beer Café Greater Noida
Belgian Beer Café (Representative Image)

The enticing selection at the Belgian Beer Café includes a variety of Belgian delicacies and specially curated brews. Indulge in signature dishes like Belgian Fries, Tenderloin Carpaccio Platter, Vol Au Vent, Fruiture, and explore global platters for a diverse gastronomic adventure. To complement these delightful offerings, the unique “hoppetizers” stand out as perfect finger foods to accompany the frothy brews.

Belgian Beer Café – Now Open in Greater Noida!

Beyond being a mere culinary haven, the Belgian Beer Café offers solace after a hectic workday or a splendid conclusion to a delightful one. Its ambiance exudes warmth and conviviality, with an authentic interior that beckons all who savor life’s simple pleasures – a fine beer and a delicious meal. The essence of genuine hospitality resides at its core, making sure you are treated as a treasured guest in our Belgian abode.

On the launch, Sharad K Upadhyay, GM, Crowne Plaza Greater Noida, said, “We proudly unveil the first and only Belgian Beer Cafe (BBC) in India, bringing you the same authentic BBC experience you’d expect from anywhere else in the world. The interiors of our restaurant are sure to leave you spellbound. Located just an hour from downtown Delhi and a mere 30 minutes from Noida, our five-star luxury hotel is now home to six unique fnb outlets, catering to all each palate.”

Every decorative detail radiates with a genuine Belgian character, each telling a captivating story. “Joie De Vivre,” which translates to “The Joy of Living,” encapsulates the very spirit of this cafe. The Belgian Beer Café® ‘Rural Concept’ aspires to recreate the same feeling of organic evolution found in its authentic Belgian counterparts. This ambiance nurtures the warmth and camaraderie that defines the essence of the Belgian Beer Café® ‘Rural Concept.’

Director of Creneau International:

Dries Vande Velde, Director of Operations, Creneau International says, “Belgian Beer Cafe has long been renowned for its authentic Belgian culinary experience, lively ambiance, and extensive selection of premium Belgian beers. With the opening of our Noida location, we are thrilled to bring this exquisite taste of Belgium to the vibrant community in Noida.”

Find More News Here: CYK Hospitalities revamps Agra’s famous restaurant Urban Deck

The event, jointly organized by The Grand Venice Mall Greater Noida and Crowne Plaza Greater Noida, aimed to promote Greater Noida as the prime destination for excellent hotels, shopping, and a perfect day out. Both esteemed brands collaborated to celebrate the excitement of introducing a vibrant new space for entertainment, delectable food, and an unmissable ambiance. Adding sparkle to the launch was a lively performance by Joe Alvares, India’s jazz ambassador, accompanied by a talented lineup including Michelle Nathan, Clement Rooney, Zian Bhamgara, Anubha Kaul, and Arka Chakraborty.

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Star Pubs & Bars Revives The Unicorn with £1.4M Renovation

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The Unicorn

After a £1.4 million ($1.69 million) renovation project, Star Pubs & Bars has relaunched The Unicorn pub in Cardiff, UK.

After being closed for a period of five years, The Unicorn has been transformed into a venue that includes a garden room with communal tables and a chef’s table for dining, complete with bi-fold doors leading to the terrace. The space also features a lounge/dining area and a cozy bar for the local patrons.

Beyond the pub’s confines, patrons can opt for seating on the fresh terrace, either within the timber booths or at high tables and picnic benches with parasols positioned at the front.

The Unicorn Menu:

The menu at The Unicorn features classic pub favorites, and its beverage selection encompasses a diverse range of premium wines, cocktails, spirits, and beers. Additionally, the pub offers cask and craft ales, Heineken 0.0, and all-day barista-style coffee.

As part of the pub’s renovation, they introduced advanced dispensing technology, which is said to enhance the quality and consistency of draft beer and cider.

The Unicorn operator Gemma Morgan said, “I’ve been helping out in my parents’ pubs since I was 15. Hospitality is in my blood. Taking The Unicorn on a managed operator agreement gives people like me who haven’t got a financial background or resources the opportunity to do so.”

Check More Articles: Beer lovers rejoice: India’s first Belgian Beer Café is now open in Greater Noida!

With this recent capital injection, the company has poured £1.75 million into investments over the past month. Their total investments in Wales over the past three years have surpassed £4 million.

Furthermore, the company unveiled a £200,000 renovation project for The Talbot, located in Talbot Green, Llantrisant.

Star Pubs & Bars New Launch:

Star Pubs & Bars is also set to launch The Newborough Arms in Bontnewydd this week, with a shared investment of £200,000 alongside Steven Hughes, the licensee of The Crown in Caernarfon.

Star Pubs & Bars managing director Lawson Mountstevens said, “We’re delighted to have brought The Unicorn back to life – it’s now a stunning pub inside and out and is our flagship pub in Wales.

“With so much housing on its doorstep, local offices and a retail park nearby and no other pubs in the vicinity, the area is crying out for a pub like The Unicorn, which offers something for everyone.

“The Unicorn brings the investment that we have made in Wales in the last three years to over £4m and demonstrates our commitment to the Welsh economy.”

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Eminem brings iconic line to life with launch of ‘Mom’s Spaghetti Pasta Sauce’

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Eminem
Eminem (Representative Image)

Eminem’s iconic pasta exclamation from the opening of “Lose Yourself” – “His palms are sweaty, knees weak, arms are heavy / There’s vomit on his sweater already, mom’s spaghetti” – has transcended the confines of his hometown. After launching Mom’s Spaghetti restaurant in Detroit, Michigan in 2021, Eminem has ventured into the creation of “Mom’s Spaghetti Pasta Sauce” now offered in 25-ounce jars, ready for nationwide delivery.

“The thing about Mom’s Spaghetti is that it was born with a clear mission: taste like a leftover sauce the first time around,” the sauce’s official site reads. “Those second-day sauces bring something else to the table… something seasoned and experienced.

Eminem Launches “Mom’s Spaghetti Pasta Sauce”

They’ve got no time to mess around. This isn’t a sauce that tastes like what your neighbor’s Italian grandma would spend all day simmering. No. This is a clean take on a classic jar sauce, crafted in the straightest manner… honest… legit… not saddled with any nonsense.

Because when you set out to put Mom’s Spaghetti in a jar; you’re inspired by delivering something that’s real… born to be served at street level… and born to bring it. This is a sauce that’s original and off-the-shelf at the same time. Just crack open the jar, heat a batch up, and add your favorite s’ghetti or noodles: you’re ready to serve up a dish that won’t let you down.”

 
 
 
 
 
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A post shared by Marshall Mathers (@eminem)

“Add powdered parm and serve with some Texas toast with garlic butter for Spaghetti like we serve it up on Woodward Avenue in downtown Detroit,” the site reads, instructing how to whip it up just like at the brick-and-mortar Detroit eatery.

“Bro dropping sauces instead of an album,” one Instagram user wrote in the comments section.

Check More News Here: Star Pubs & Bars Revives The Unicorn with £1.4M Renovation

The sauce, offered individually at $13 USD or in a two-pack for $25 USD, is presently out of stock on the internet. Those eager to purchase can register to receive notifications when the sought-after sauce becomes available for sale again.

In another corner of the food and beverage industry, WeTransfer and Matty Matheson join forces to introduce a groundbreaking, entirely cost-free digital cookbook.

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Subway Opens 166th Store in Maharashtra, Mumbai Expansion!

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Subway Mumbai
Subway (Representative Image)

Subway News: The aroma of freshly baked bread and the allure of made-to-order sandwiches have found a new address in Mumbai’s bustling landscape as American sandwich giant recently inaugurated its latest outlet in Bandra East. The announcement came via a LinkedIn post by Subway’s Real Estate Manager, Harsh Rathi, who shared the news of the store’s opening with enthusiasm.

“Excited to announce Coco store no. 166 now live at Bandra East, Mumbai,” declared Harsh Rathi, shedding light on Subway’s latest addition to the Mumbai food scene.

Subway’s New Venture at Maharashtra:

This newest venture signifies Subway’s 166th establishment in Maharashtra, reinforcing the brand’s continued expansion across the state. Since its debut in India in 2001 with a pioneering store in Saket, New Delhi, It has persistently grown its footprint, establishing itself as a go-to destination for fresh and customizable sandwiches.

Subway
Subway (Representative Image)

Founded back in 1965 by Fred DeLuca and Peter Buck, It has evolved into an internationally recognized brand, boasting a staggering presence with over 37,000 stores sprawled across more than 100 countries. Its foray into Bandra East signifies not just a new store opening but also a strategic move to cater to the discerning taste buds of Mumbai’s diverse populace.

Company’s hallmark has always been its emphasis on fresh ingredients and the liberty it offers customers to craft their sandwiches to suit their preferences. This commitment to quality and personalization has been pivotal in Subway’s sustained success globally, and the Bandra East outlet aligns with this core philosophy.

The Mumbai expansion not only solidifies Subway’s presence in Maharashtra but also underscores its dedication to serving communities with nutritious, tailor-made meal options. As the city pulsates with energy and a myriad of tastes, Subway’s arrival in Bandra East aims to cater to the demands of both residents and passersby seeking a quick, wholesome bite.

Bandra East Outlet:

Subway’s Bandra East outlet not only symbolizes its exponential growth but also stands as a testament to its unwavering commitment to providing a diverse range of freshly prepared, healthy meal choices. This latest addition reinforces their reputation as a preferred destination for individuals seeking flavorful and nutritious on-the-go dining experiences in Mumbai.

Check More News: Eminem brings iconic line to life with launch of ‘Mom’s Spaghetti Pasta Sauce’

The company’s expansion in Maharashtra remains steadfast, ensuring accessibility to its famed sandwiches while staying true to its founding principles of freshness, variety, and customer satisfaction.

Subway’s footprint in Bandra East represents not just another store opening but an opportunity for Mumbai’s residents and visitors alike to savor the delectable delights that have made it a global culinary favorite.

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Flyrobe expands its offline footprint with grand opening in Belagavi

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Flyrobe Belagavi
Flyrobe Belagavi (Representative Image)

Flyrobe, the premier fashion rental service, recently opened its doors in the heart of Belagavi on October 29, 2023. This significant expansion underscores Flyrobe’s unwavering commitment to providing accessible and convenient fashion options to its customers, simplifying the journey to embrace sustainable and affordable fashion. The grand inauguration of this new location was graced by the esteemed Chief Guest, Shri Asif Raju Sait, Member of Legislative Assembly (M.L.A.), representing the Belagavi North Constituency.

Shri Asif Raju Sait, M.L.A., representing the Belagavi North Constituency said, “I am delighted to witness their dedication to enhancing the local fashion landscape. This new store not only underscores their passion for fashion but also represents a significant stride in elevating Belagavi’s style quotient. I applaud Flyrobe for their commitment to the community and eagerly anticipate the positive influence they will bring to our city.”

Flyrobe Belagavi Store Inaugration:

Dr. Lakshmi Khilari, the proprietor of the Flyrobe Belagavi store said, “I am thrilled to introduce Flyrobe to the residents of Belagavi. Our goal is to offer a distinctive and premium fashion experience that redefines personal style and sustainability.”

 
 
 
 
 
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A post shared by Aanchal Saini (@aforaanchal)

Aanchal Saini, CEO of Flyrobe, stated, “We are excited to bring the great experience to Belagavi, a city renowned for its rich culture. Our brick-and-mortar store will serve as a destination for fashion enthusiasts, presenting the latest trends and timeless classics. We believe that everyone deserves to look and feel their best, and we are here to assist you in achieving that. With Flyrobe, you can maintain an ever-evolving wardrobe without the hassle of purchasing new clothes. Our commitment to sustainability also ensures that you can embrace fashion while being environmentally conscious.”

Check some new Interesting Story: Subway Opens 166th Store in Maharashtra, Mumbai Expansion!

The rental process at Company seamlessly blends convenience with style. Customers have the option to rent their favorite fashion pieces for a 4-day duration, guaranteeing they are always prepared with the perfect outfit for any occasion. The store also provides a trial facility, allowing customers to ensure the outfit fits impeccably before taking it home. Additionally, Flyrobe offers free size customizations, ensuring that every garment is tailored to perfection for its wearer.

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Recode Studios Expands with Ludhiana Store, Eyes Nationwide Growth!

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Recode Studios
Recode Studios (Representative Image)

Recode Studios, a well-known player in the cosmetics sector, is excited to declare the grand debut of its 13th retail outlet in the lively city of Ludhiana, India. Spanning 250 square feet, this newly launched store represents the company’s second presence in Ludhiana. Since 2018, Recode has consistently showcased its resolute dedication to providing top-tier cosmetics.

Recode Studios – Ludhiana Store:

Dheeraj Bansal, Co-Founder of Recode Studios, stated, “Our journey began with a modest selection of products, and today, we take pride in offering a diverse range that caters to the individual preferences of each customer. Our mission is to make high-quality cosmetics readily available in every corner of India. This recent expansion is a testament to our dedication to ensuring that premium makeup is accessible to all.”

 
 
 
 
 
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A post shared by Recode Studios®️ (@loverecode)

In pursuit of its goal to launch 25 stores by the fiscal year 2023-24, Recode Studios has a lineup of upcoming store openings. These imminent locations comprise Mumbai, Chennai, Hyderabad, Jaipur, Indore, and Rudrapur. The strategic choices predominantly encompass tier 2 and tier 3 cities, such as Delhi, Amritsar, Raipur, Bilaspur, with each store necessitating a 20-lakh investment.

Check Out More News: Flyrobe expands its offline footprint with grand opening in Belagavi

Recode’s yearly sales have witnessed incredible growth, escalating from 25 lakhs in 2018 to 2 crore in 2019 and 2020, 5 crore in 2021, and further soaring to 15 crore in 2021 and 2022, and 26 crore in the fiscal year 2022-2023. However, the company’s ambitions extend beyond, aiming to reach 50 crore in the fiscal year 2023-24. Remaining dedicated to its mission of providing cosmetics to a diverse and extensive audience, Recode Studios warmly invites its customers to join them on their thrilling journey as they continue to expand their retail network.

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Sydney’s Burger Head chain shuts down due to Economic Strain and Rapid Growth

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Burger Head
Burger Head (Representative Image)

Burger Head, a cherished burger chain in Sydney, has officially ceased operations, closing its doors after nearly seven years in business. This decision was driven by the financial pressures stemming from rapid growth, surging inflation, and increasing interest rates, leading to the closure of its last two restaurant locations in Penrith and Botany on a recent Sunday.

Once boasting a total of four restaurants across various Sydney locations – Penrith, Botany, Casula, and Blacktown – alongside three food trucks, the burger chain had established a notable presence in the region.

Established in 2017, Burger Head made its debut in Penrith, founded by friends Joshua Deluca, Timothy Rosenstrauss, and Richard Borg.

The threesome, all in their early twenties, characterized themselves as “three young individuals with limited life experience but considerable kitchen expertise.”

Nonetheless, the business found itself grappling with insurmountable financial pressure, attributed to the soaring inflation, escalating interest rates, and the swift post-Covid expansion it undertook.

Rosenstrauss and DeLuca took to social media to announce their “heart-wrenching choice” to close the physical outlets of Burger Head.

‘And just like that, all good things must come to an end,’ they wrote on Instagram.

‘The past seven years have been nothing shy of an incredible journey of ups, downs, and everything in between, but unfortunately, we’ve decided to hang up the apron.

‘Although it’s been a sh***y 18 months, we’re still beyond proud of what we’ve accomplished in such a tough industry, in the toughest four years of it ever.’

The proprietors elaborated that “issues began to surface” as they endeavored to expand their business in the aftermath of the Covid pandemic.

Burger Head Sydney Closes Amid Rapid Growth

Within a mere span of 10 weeks in 2022, the duo inaugurated their Blacktown and Casula restaurants.

During that very year, Burger Head additionally launched a production kitchen situated in Wetherill Park.

The burger chain had plans to open a fifth store in Box Hill, but the owners ultimately decided to “withdraw” from the endeavor.

Looking back, Rosenstrauss and DeLuca expressed regret, stating, “If we had chosen to open just one of these stores and retained our existing prep kitchen, we would have had the necessary resources to successfully establish store number three and would still be in business.”

Burger Head Chain
Burger Head (Representative Image)

The owners also criticized Philip Lowe, the former Governor of the Reserve Bank of Australia, contending that he bore some responsibility for the business’s decline.

‘If you own any property or a business, there’s a good chance you know this fella and if you’re like us you have a voodoo doll of Mr Lowe,’ they said.

‘I feel for the pain that the interest rate rises [have] caused everyone because we’ve certainly felt it.

‘Many households have had to cut back on luxuries, which for many, is a meal out at your favourite burger joint.’

Read more Article: Recode Studios Expands with Ludhiana Store, Eyes Nationwide Growth!

However, the owners reassured customers they could still get their hands on their famous burgers and fried treats as Burger Head was pivoting to ‘just the trucks’.

‘I want to make it clear that this is not the death of Burger Head but merely a major pivot for us,’ they wrote.

‘Where we’ve been in the restaurant business with food trucks, we’re continuing on with just the trucks.

‘To be honest, we thought we wouldn’t make it past one year in business, so to say we got into our seventh year is f amazing!’

Burger Head made its debut in 2017 and gained significant popularity for its unique burger creations, featuring delights like the renowned Twisties burger.

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Curefoods Acquires Yumlane Pizza, Expands Portfolio!

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Curefoods
Ankit Nagori, Founder, Curefoods

Curefoods, a cloud kitchen startup, has completed the acquisition of Yumlane, a foodtech startup, for an undisclosed sum. With this strategic acquisition, Yumlane will harness the extensive network of Curefoods to enhance its exclusive pizza technology.

Established in 2016 by Hitesh Ahuja, Rueben Ghosh, and Rahul Kumar, Yumlane has created an exclusive technology platform for pizza and introduced the Yumlane Pizza cloud kitchen brand, along with a B2B business division.

The startup asserts its presence in 15 cities across India and boasts a clientele that includes prominent names such as Curefoods, Barbeque Nation, Frozen Bottle, and 7-11. It has garnered investments from renowned investors like Binny Bansal, Anupam Mittal, Orios Ventures, and RB Investments.

Commenting on the acquisition, Gokul Kandhi, chief business officer, CureFoods, said, “Their extensive B2B client network and their positioning as a value leader in the pizza category align strategically with our brand portfolio. we are excited to harness Yumlane’s potential as we work toward enhancing the pizza category as a whole.”

Curefoods and Yumlane Deal:

Curefoods’ association with Yumlane dates back to 2021 when it acquired the Yumlane Pizza cloud kitchen franchise rights for the South India market. Subsequently, in 2022, Curefoods acquired a 10% stake in the business.

Ankit Nagori founded Curefoods in 2020, and it is home to various brands, including EatFit, CakeZone, Nomad Pizza, Sharief Bhai Biryani, and Frozen Bottle, among others. The startup asserts its presence in 15 Indian cities, operating more than 200 cloud kitchens and offline stores, offering a diverse range of over 10 cuisines.

Company appears to be actively expanding within the food industry. In July, it strategically invested in Hyderabad’s Millet Express, aiming to support the millet startup’s growth and broaden its reach among a larger audience for millet-based products.

Read more articles: Recode Studios Expands with Ludhiana Store, Eyes Nationwide Growth!

Subsequent to this investment, Curefoods secured a $37 million funding round, spearheaded by Binny Bansal’s Three State Ventures. At the time, They announced its intention to utilize the capital for geographical expansion and diversification of its brands, transitioning from its existing cloud kitchen business model into offline formats.

Within the Indian cloud kitchen sector, it directly rivals Rebel Foods, a company that expanded into the Saudi Arabian market in July.

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JSW Ventures Logs 2.7x Return, Sells Purplle Stake!

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Purplle
Purplle

JSW Ventures has successfully divested its stake in Purplle by selling it to the Manipal Education & Medical Group Family Office (MEMG). This strategic move has yielded an impressive 2.7x return on their initial investment from JSW Ventures Fund I.

In 2023, this marks the second consecutive secondary transaction for the online beauty marketplace. In May, JSW Ventures partially divested its stake in the company to the Abu Dhabi Investment Authority (ADIA), resulting in a 2x return for the venture capital firm.

JSW Ventures made its initial investment in Purplle during the company’s Series A round in 2016, using its Fund I. Notably, JSW has maintained its investment in Purplle through its second fund.

In June 2022, Purplle secured $33 million in funding during its Series E round, with investments coming from South Korea’s Paramark Ventures, alongside its existing backers including Blume Ventures, Kedaara, and billionaire Azim Premji’s Premji Invest. Following this round, the company achieved unicorn status, boasting a valuation of $1.1 billion.

JSW Ventures Founders:

Under the leadership of Manish Taneja, the company primarily operates as a marketplace, though it also features its own brand labels like “Good Vibes.” Its main competitor is Nykaa, a publicly traded company, while it faces indirect competition from broad-ranging marketplaces such as Amazon, Flipkart, and the Good Glamm Group, among others.

In the fiscal year 2022, Purplle’s revenue from operations increased by 71.6% to INR 219.88 crore from INR 128.15 crore in FY21. According to data from the intelligence platform TheKredible, the company witnessed a significant rise in losses, with a 3.9-fold increase to INR 203.63 crore in FY22. The firm has not yet reported its financial figures for FY23.

Check Out More News: Curefoods Acquires Yumlane Pizza, Expands Portfolio!

In the fiscal year 2022, Purplle’s revenue from operations increased by 71.6% to INR 219.88 crore from INR 128.15 crore in FY21. According to data from the intelligence platform TheKredible, the company witnessed a significant rise in losses, with a 3.9-fold increase to INR 203.63 crore in FY22. The firm has not yet reported its financial figures for FY23.

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