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Thursday, November 14, 2024

BanyanTree Growth Capital expands footprint in F&B sector with strategic investment in Bizibean café chain

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BanyanTree Growth Capital, a well-established private equity firm with a strong track record in the Food & Beverage sector, has made a strategic investment in Bizibean, the celebrated café chain renowned for its specialty coffee and tea offerings in New Delhi and Gurugram. This partnership enhances the consumer experience under the iconic brands Nirula’s and “Angels in my Kitchen“, creating a powerhouse trio in India’s café and casual dining landscape.

Nirula’s, cherished by Delhiites, embodies a legacy of culinary excellence with its famed Hot Chocolate Fudge, Ice Creams, Big Boy Burgers, and Pizzas. Meanwhile, “Angels in my Kitchen,” supported by BanyanTree Growth Capital, delights patrons with its exquisite array of baked goods and desserts. Together, these brands create a harmonious fusion of offerings, catering to diverse tastes and preferences.

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With the addition of Bizibean, the portfolio now extends into the realm of premium coffees and teas, enriching the café experience for customers. Emerging as a modest kiosk in Gurgaon’s South Point Mall, Bizibean has evolved into a prominent name in the coffee industry, renowned for its exceptional espresso and diverse brewing methods such as Espresso, Pourover, Aeropress, and French Press. Founded by industry veterans Aharnish Mishra, Manideep Chhokra, and Raj Singh, Bizibean has earned the prestigious Times Food Award for “Best Café- Casual Dining Gurgaon” for six consecutive years.

Sanjiv Singhal, Founder of BanyanTree Growth Capital, expressed his excitement, saying, “We are delighted to welcome Bizibean to our portfolio of premium brands. This partnership not only expands our food and beverage offerings, but it also aligns with our vision of providing exceptional dining experiences. We believe that incorporating Bizibean’s speciality coffees and teas will enhance and enrich the culinary experience at Nirula’s and Angels in my Kitchen, providing our customers with an even more diverse range of options.”

This strategic investment signifies a notable milestone, amalgamating the prowess of three influential brands. Customers can now relish a seamless fusion of coffee with their beloved Nirula’s meal or alongside a delightful indulgence from “Angels in my Kitchen”. The enhanced menu boasts an extensive selection of espresso-based beverages, including Espressos, Cortados, Cappuccinos, Lattes, Americanos, and Frappes, paired with an array of croissants, muffins, brownies, quiches, pastries, cakes, desserts, sandwiches, and wraps.

BanyanTree Growth Capital firmly believes that this partnership will revolutionize the café experience in India, providing an unparalleled variety and quality of food and beverage options all under one roof.

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