By Sourish
Bhattacharyya
WHEN Harry's Bar
opened at Boat Quay in Singapore in
1993, named presumably after the Venetian watering hole immortalised by Ernest
Hemingway, or the ones in London and New York, the island-nation didn't have
much of a nightlife to write home about. This little hangout by the Singapore
river, opened by an American expat named Jim
Gelpi, brought live music, cool vibes and the culture of the after-office
tipple to Singapore, and it soon became the favourite of punters of all
nationalities making and breaking fortunes in the neighbouring financial
district.
One of them was Nick
Leeson, the derivatives trader who made world history by single-handedly
bringing down Barings Bank racking
up losses of over $1 billion in 1995. A colourful character who had been turned
out of the Singapore Cricket Club
because of a racist slur, Leeson loved the drink that is now famous as the Bank Breaker -- one part each of whisky
and the melon liqueur Midori and two parts of soda water. When Leeson stepped
out of prison in Singapore in 1999, the patrons of Harry's got free beer for
two hours and the waiting staff wore T-shirts that said: "Leeson Learns
His Lesson".
There was another regular too -- he came to the bar five
evenings a week. He was Mohan Mulani,
a Singaporean Sindhi who had returned from America after getting a Bachelor's
degree in Political Science and History from the University of California in Los Angeles (UCLA), and spending a year as a
management trainee at IBM. He was working for his family business, whose office
was nearby, and he fell in love with the place. So much in love, that he
invested in the place after overcoming Gelpi's initial reluctance. Within a
year, the original shareholders had a falling out, so Mulani just bought them
out.
Harry's Bar has been around for 20 years and
is one of
Singapore's acknowledged icons. Expanding to 26 outlets (plus five associated
restaurants and a 22-room boutique hotel) under Mulani's leadership, Harry's
Bar is a Singaporean success story with its own premium lager and a vast fan
following. In its early years, it survived the collapse of Transco Holdings,
the textiles and investments company Mulani had set up with his father on his
return from America, after the South-East Asian economies went into a tailspin
in 1997. A heart-broken Mulani had then left for San Francisco to start a new
life, but he returned to his home country after 9/11, unable to stand the
atmosphere of fear and loathing in America, and did not look back after he
opened the second Harry's Bar in 2003.
The original Harry's Bar at Boat Quay, Singapore, was opened by an American in 1993 |
And now, Harry's Bar, after a successful launch at Powai in Mumbai, has opened at the Select Citywalk in Saket, New Delhi, next to Spaghetti Kitchen on the second floor. Mulani
continues to be the Executive Chairman of Harry's Holdings, but his and his
wife's stake in the company has been picked up by Everstone Capital, an investment firm started by two former Goldman
Sachs executives, both Indian. Everstone has substantial investments in the
restaurant sector in India and the Indian foray of Harry's Bar clearly is the
result of the interest the investment firm has in this market.
With the opening of Harry's Bar, whose cocktails have been
designed for the local market by the acclaimed mixologist, Shatbhi Basu, the Select Citywalk second floor has grown into a
gourmet zone, with old favourite Spaghetti
Kitchen, the classy vegetarian restaurant Sattvik, the ever-popular Mamagoto and the revitalised Punjab Grill, which now has a brilliant
new menu designed by yet another Manish Mehrotra acolyte, Gurdeep Singh (you'll read more about it soon).
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