Massive Restaurants Is Looking To Raise Upto $20 Million In Funding

Massive Restaurants, the parent company for some of India’s leading restaurants has announced that it is looking to raise $15-$20 million. The company is currently backed by Everstone Capital and is looking at a turnover of Rs.200 crore by the end of the year.

The Massive Restaurants Brand

Massive Restaurants PVT Ltd was established in December 2012 by Zorawar Kalra who is known as ‘The Prince of Indian cuisine’. The company is spearheaded by Zorawar and mentored by his father, Jiggs Kalra.

According to the Massive Restaurants’ website, the company “was established with an aim to develop India’s premier brands of restaurants that specialize in targeting all segments of the market, while showcasing the evolution of Indian cuisine and putting Indian food on the global palate permanently.”

Today, the company operates a collection of fine dining restaurants, bistros and bars like Masala Library – read more about it here – Pa Pa Ya, a modern pan Asian bistro concept, Farzi Cafe and Made in Punjab, a smart casual restaurant.

Expanding The Brand  

According to a report in the Economic Times, Zorawar Kalra stated that Massive Restaurants plans to launch Masala Library in the Middle East as well as branch out to London and New York.

“We are looking at taking Farzi Cafe all over the world. Our Dubai outlet would be the number one in Dubai, considering the revenue per square foot. The 80-seater restaurant is generating sales of `2 crore per month. It is the most talked about brand in India,” he also said.