One of the branches of Rameshwaram Cafe (File photograph)
Rameshwaram Cafe was based by Divya Raghavendra Rao and Raghavendra Rao.
People in Bengaluru could have heard of Rameshwaram Cafe, a quick-service restaurant that’s well-known for its South Indian delicacies. But do you know that the cafe, which sees a lot of footfalls day by day, really earns about Rs 4.5 crore month-to-month? Co-founder of B2B startup Udaan, Sujeet Kumar, spilled the beans about Rameshwaram Cafe’s month-to-month income in a podcast with Zerodha CEO Nikhil Kamath.
“If you see Rameshwaram Cafe. They cut 7,500 bills a day. One store is hardly 10 by 10 or 10 by 15 square feet. Does Rs 4.5 crore business a month and clocks around Rs 50 crore a year. They also make decent margins. Around 70 per cent gross margins,” Sujeet Kumar mentioned.
Kumar was talking within the third episode of the podcast WTF. He was joined by Meesho co-founder Vidit Aatrey and Future Group founder Kishore Biyani.
Coming again to Rameshwaram Cafe, the restaurant was based by Divya Raghavendra Rao and Raghavendra Rao. The duo have obtained a number of accolades for his or her enterprise. They had been impressed to call the eatery after former Indian President Dr APJ Abdul Kalam’s birthplace. All objects within the cafe are ready on the go.
As for Sujeet Kumar, on the podcast, the Udaan co-founder talked about his entrepreneurial journey. He detailed how he left Flipkart, the place he served because the President of Operations between 2008 and 2016, and went on to determine his personal start-up.
In the podcast, the entrepreneurs talked a couple of vary of subjects together with the funding ecosystem in India versus different nations, the right way to develop your online business and way more.
On a lighter be aware, Sujeet Kumar revealed that he was reluctant to go away Delhi for Bengaluru again when he was learning on the Indian Institute of Technology. Sachin Bansal, the co-founder of Flipkart, invited Kumar to town on the pretext of his wedding ceremony after which for studying about his e-commerce agency.
Kumar was all reward for fast service eating places like Rameshwaram Cafe and mentioned that QSR chains have craved their area of interest within the nation. The entrepreneur revealed that he had made 150 investments in firms together with the espresso chain Third Wave Coffee and ed-tech unicorn Unacedemy.
