It seems that Bengaluru people truly enjoy a scrumptous and spicy snack at the Rameshwaram Cafe in Bengaluru. The cafe is a quick service restaurant that is quite famous for its drool worthy South Indian delicacies on a budget.
Meet the woman who started with 1000 Rs and turned the famous Rameshwaram Cafe into a 4.5 CR+ monthly business. (A thread 🧵) pic.twitter.com/NwivnSB5Aw
— Aditya (@thefaadguy) July 17, 2023
But little did you know that the quick service cafe that sees an enormous footfall on the daily actually takes home a whopping ₹4.5 crores on a monthly basis. Sujeet Kumar who is the co-founder of business to business startup ‘Udaan’ spilled the beans about Rameshwaram Cafe’s monthly take home revenue during a podcast with Zerodha CEO Nikhil Kamath.
Sujeet Kumar was quoted saying, “If you see Rameshwaram Cafe. They cut 7,500 bills a day. One store is hardly 10 by 10 or 10 by 15 square feet. Does Rs 4.5 crore business a month and clocks around Rs 50 crore a year. They also make decent margins. Around 70 per cent gross margins.”
Kumar spoke during the third episode of the podcast WTF in whic he was joined by Meesho co-founder Vidit Aatrey and Future Group Founder Kishore Biyani.
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All About Rameshwaram Cafe’s Founder Divya Raghavendra Rao & How She Turned ₹1000 Into A ₹4.5 Crores Monthly Business
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Divya Rao was born into a middle-class family. So much that she barely got ₹1000 as monthly pocket money. Even spending ₹10 on something was a hard decision. Despite this, she became a CA at 21 and went to IIM Ahmedabad to pursue a course in finance and management. Life was all good until something happened.
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Rameshwaram Cafe the popular quick service restaurant from ‘namma Bengaluru’ was founded by Divya Raghavendra Rao and Raghavendra Rao. The food and beverages business founder duo has received multiple accolades for their venture. The name of the cafe was inspired by former Indian President Dr. APJ Abdul Kalam’s birth place and all the food items prepared in a jiffy on the go.
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