Birla company buys Hakkasan, Yauatcha restaurant firm

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MUMBAI: Aditya Birla New Age Hospitality (ABNAH) has added restaurant manufacturers Hakkasan, Yauatcha, Nara Thai and CinCin to its portfolio by buying 100% stake in KA Hospitality (KAH), which was based by the late Kishor Bajaj. Whereas CinCin is home-grown, KAH has franchise rights of the opposite three international eating places manufacturers.

The 4 manufacturers are positioned throughout the shopper worth pyramid, spanning mid-market to premium segments.
Aryaman Vikram Birla, director, Aditya Birla Administration Company and founder, ABNAH, mentioned, “We proceed to consider within the exceptional potential of the premium informal eating area, spurred by rising disposable revenue and evolving life of the Indian client. The intersection of rising affluence and the need for new-age, high-quality eating experiences presents an unbelievable progress alternative.” Whereas Hakkasan is a Michelin-starred model serving fashionable Cantonese meals, Yauatcha is a dim sum teahouse from London. Nara Thai is a up to date model that serves genuine Thai delicacies and CinCin is an Italian model.

Bajaj launched Hakkasan and Yauatcha to Mumbai, with the foresight that India was prepared for Michelin-grade eating. The corporate constructed on this imaginative and prescient beneath the management of Kishor Bajaj’s daughter Karyna, who took over as government director in 2016, by bringing in Nara Thai and creating CinCin.
ABNAH, which operates the members-only membership Jolie’s at Worli in Mumbai, builds premium informal eating restaurant chains throughout India.

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