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BanyanTree Growth Capital Crafts new café culture with investment in Bizibean
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Wednesday, 29 May, 2024, 08 : 00 AM [IST]
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Our Bureau, New Delhi
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BanyanTree Growth Capital, a seasoned private equity firm renowned for its savvy investments in the Food & Beverage sector, has announced its strategic investment in Bizibean, the celebrated café chain renowned for its specialty coffee and tea offerings in Gurgaon and New Delhi. 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, a beloved name among Delhiites, is synonymous with a rich heritage of culinary delights including its Hot Chocolate Fudge, Ice Creams, Big Boy Burgers, and Pizzas. The brand also under the patronage of the company, is known for its exquisite range of baked goods and desserts. Together, these brands form a complementary blend of offerings that cater to a wide array of tastes and preferences.
With the introduction of Bizibean, the portfolio now expands into the realm of fine coffees and teas, bringing an enriched café experience to customers. It began as a humble kiosk in Gurgaon’s South Point Mall, has grown into a prominent name in the coffee industry, known for its exceptional espresso and a variety of brewing methods including Espresso, Pourover, Aeropress, and French Press. Founded by industry veterans Aharnish Mishra, Manideep Chhokra, and Raj Singh, it has been a recipient of the Times Food Award for Best Café- Casual Dining Gurgaon for six consecutive years.
Sanjiv Singhal, founder, BanyanTree Growth Capital, said, “We are thrilled to welcome Bizibean into our family of premium brands. This partnership not only enhances our food and beverage offerings but also aligns with our vision of creating exceptional dining experiences. We believe that the integration of Bizibean’s specialty coffees and teas will complement and elevate the culinary journey at Nirula’s and Angels in my Kitchen, offering our customers an even richer and more diverse array of choices.”
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