Venture Catalysts Facilitates Seed Investment into Specialized Cuisine Startup The Bohri Kitchen
Led by VCats angels Riyaaz Amlani, Chef Rahul Akerkar, Romil Ratra, Anuj Puri, Abhishek Agarwal, Anirudh Damani, Nikunj Pachisia, Vishal Brahmbhatt and other prominent HNIs
In a move which underlines that innovation and entrepreneurship is not restricted to the tech arena, Venture Catalysts, India’s first integrated incubation platform, recently facilitated a seed investment into a high-potential specialised cuisine start-up, The Bohri Kitchen. The funding was led by VCats angels Anuj Puri (Venture Catalysts, Qatar), Abhishek Agarwal (Managing Partner – Rockstud Capital), NikunjPachisia, Anirudh Damani (Artha India Ventures) and Vishal Brahmbhatt. TBK also saw participation from food and beverages doyenne Riyaaz Amlani, as well as several leading HNIs such as Romil Ratra, Chef Rahul Akerkar and others
Established by an enterprising mother-son duo, The Bohri Kitchen (TBK) is brewing a low-key revolution in the $300 million food home delivery segment. Combining specialised cuisines with unique dining experiences, the brand is the first-of-its-kind to take delectable dishes unique to the Dawoodi Bohra community and make them available to gastronomes and food connoisseurs. Its founder is 28-year-old ex-Googler Munaf Kapadia, who has been recognised by Condenast and named in the Forbes ‘30 Under 30’ list for the sterling success that TBK has garnered since its launch in 2014.
Speaking on the investment, Munaf Kapadia, Founder & CEO, The Bohri Kitchen, said, “When I first thought of the idea that would materialise into The Bohri Kitchen, I was confident of the viability of such a concept in the market. The response that we’ve had so far has just strengthened that belief. Securing these funds from leading names in the start-up and F&B ecosystems like Venture Catalysts, Riyaaz Amlani, Rahul Akerkar and Romil Ratra, is a major shot in the arm for us. We will be using the capital to upgrade our current infrastructure, which will involve moving into a bigger central kitchen and hiring skilled workers who can help my mother in standardising recipes.”
Riyaaz Amlani, one of the leading names in the Indian food & beverage space, said, “India is witnessing a transformation in the way people interact with what they eat, and the urban populace is at the forefront of this changing paradigm. To keep up with the growing demand for better cuisines, chefs and restaurateurs are no longer simply tweaking Western cuisines to suit the Indian palate, but are actively rediscovering regional cuisines and dining presentations to deliver a complete gastronomic experience. TBK’s dedication towards ensuring authenticity in both experience and taste of the Bohri culinary offerings is the main reason why its delicious food items were made a part of the Social menu, and why I have chosen to invest capital in this disruptive F&B brand.”
Anuj Puri added, “This awe-inspiring story of a mother-son team who wanted to recreate a unique and authentic home dining experience with the best of the Bohri cuisine is simply remarkable, and is proof that innovation and entrepreneurial passion is not restricted just to the tech sector. The brand has grown from strength to strength, setting up a delivery kitchen and slowly expanding into the restaurant vertical as well. We are confident that TBK will continue to set new benchmarks in the experiential dining space and garner exponential success.”
Mihir Mehta, founder at Fintuned, who advised TBK on the transaction commented, “The novelty of the concept, strength of the TBK brand and Munaf’s passion for the business shall act as catalysts to the growth of the business”
Venture Catalysts has already established itself as a game-changer in the Indian entrepreneurial landscape by facilitating start-up development, supported by an entire ecosystem of catalysts, angel investors, management consultants, and advisors. The platform additionally enables mentoring and seed funding opportunities through angel investments and supports services for the start-up community. Having facilitated investments to the tune of 45cr in 24 start-ups in the last 18 months, the platform has been raising the innovation quotient in the country by providing an end-to- end support infrastructure to budding start-ups. Several high-potential ventures like EasyRewardz, DSYH, Beardo, FYND, and CoutLoot have been incubated under VCats.
Around The World