Showing posts with label Ajay Saini. Show all posts
Showing posts with label Ajay Saini. Show all posts

Wednesday, 26 March 2014

Italian Tops Home Delivery Food Choices; Pizza Hut, Yo! China & Nirula's Hot Favourites in Foodpanda.in Survey

By Sourish Bhattacharyya

MAMA MIA, North India is
Rohit Chadda, Co-Founder and Managing Director,
Foodpanda.in, says the survey results reflect the
cosmopolitan food choices of the website's
youth market-driven demographic 
saying 'bye, bye' to Chinese and going 'bhai, bhai' with Italian. Sounds impossible? You may have thought Indian and Chinese are the hottest favourites of the North Indian dining market, but 44.8 per cent of those who order home-delivered meals through Foodpanda.in, a Rocket Internet-incubated website operating in 40 countries across four continents, prefer Italian over Chinese, Punjabi and fast food.
Surprisingly, though, Chinese has a 27.6 per cent following, but Punjabi has slipped to as low as 6.2 per cent. The survey report doesn't give the percentage for fast food, but if you do the math, it ranks a healthy third with 21.4 per cent.
That seems highly likely in the light of the fact that Nirula's is the restaurant franchise that ranks third in popularity among Foodpanda.in users after Pizza Hut (whose thin crust and cheesy pizzas top the list of favourites) and Yo! China, a chain of popular Chinese restaurants with a strong takeaway business promoted by Ashish Kapur, Ajay Saini and Joydeep Singh.
Finding the survey results a bit hard to stomach, for they flew in the face of conventional wisdom, I called up Rohit Chadda, the young co-founder and managing director of Foodpanda.in. He was quick to point that 60 per cent of 50,000-60,000 unique visitors that the website belong to the 25-35 age group, and an equal percentage of them are from Delhi-NCR, Mumbai and Bangalore. He did not divulge the actual number of orders placed by these visitors to the website.
"Our survey results reflect the cosmopolitan nature of the taste buds of our demographic, which is essentially the youth market in the three big metros," Chadda said. Pizzas are most popular, he added, because they are "faster to deliver and easier to eat". Yo! China's Yo Boxes are also "very popular" because they are "very affordable" and offer "very good quality". The Foodpanda.in demographic clearly seeks out both affordability and quality.
With a sizeable segment of urban India, especially the young, living away from home, the takeaway and home delivery market is booming. Chadda said that whereas organised food retail grew by 20-25 per cent in 2012, the takeaway and home delivery segment rose by 40 per cent. He estimated that the segment has grown to become a Rs 1,000-crore business nationally and is poised to expand to up to Rs 6,000 crore by 2017.
"The takeaway and home delivery model offers convenience to customers because the food comes cheaper and 5-6 per cent higher margins to restaurant chains because of the reduced overhead costs," Chadda said. Unsurprisingly, significant players in the industry such as Anjan Chatterjee's Speciality Restaurants (the holding company of Mainland China) and Amit Burman and Rohit Aggarwal-promoted Lite Bite Foods are driving their takeaway and home delivery business. Even an established brand such as Kabir Advani's Berco's is popularising a hybrid growth model -- smaller restaurants with 40-50 covers and a sharp focus on home delivery. For long, we have been accustomed to a 'ghar bhijwa dena' relationship with our friendly neighbourhood kirana store. Restaurants are now getting to hear these familiar words and it's music to their ears.



Monday, 2 September 2013

Where Will You Find Soda Bottle Openerwala & The Wine Company?

By Sourish Bhattacharyya
SODA Bottle Openerwala must be the most unusually attractive name that anybody could have come up for a restaurant and AD Singh has done exactly that for his Irani café slated to open at The Hub in a couple of months. But his is not the only concept restaurant that awaits the opening of The Hub, the country’s first ‘food mall’ conceptualised by DLF at its Cyber Park in Gurgaon.
Yo! China-dimsumbros duo Ashish Kapur and Ajay Saini, who have sold over 10 million dim sum at more than 50 locations across 14 cities, are making their first foray into ‘wine dining’, graduating from the mass to the class market with The Wine Company. It will be the country’s first wine-centric restaurant located in a wine shop. You’ll have to buy your bottle of wine and then get your meal paired with it. And of course, there’ll be sangria flowing like water. Kapur and Saini promise to rid wine drinking of the high prices and the stuffiness associated with it. Their price, they say, will be the lowest in Delhi-NCR. It’s nice to know there’s one restaurant that doesn’t want to squeeze the wine lover.
The other notable brands at The Hub will be Stryker, without doubt one of the most successful hangouts in the city, in the avatar of Soi 7; the seriously competing Made in Punjab and Dhaba by Claridges; Canton Spice Company of Baba Ling, the teddy bear-like popular owner of Nanking (in my opinion the best Chinese restaurant in Delhi-NCR); and the redoubtable Panchavati Gaurav, which will be the first foray into Delhi-NCR of the much-acclaimed chain of thali restaurants serving predominantly Rajasthani fare in malls across Mumbai, Pune, Nagpur, Sangamner (in Ahmadnagar district), Raipur and Jabalpur. Interestingly, it shares the wall of The Wine Company. An unusual act of cultural engineering by DLF! Other names to look out for are Hard Rock Café, Nando’s, Starbucks and California Pizza Kitchen.
The Hub will also have a food court with the usual fare — McDonald’s et al — but the real action will in the floors with the stand-alone restaurants. Gurgaon couldn’t have asked for a better treat and Delhi of course will be digging in.