About Azure Hospitality
Azure Hospitality is a company based in Delhi (India) founded in 2009 by Rajendra Kumar Mangal, Lavanya Ashok, Sonia Niranjan Das, Arun Kumar Khanna, Rashmi Khanna, Rahul Khanna, and Kabir Suri.. Azure Hospitality has raised $41.38 million across 5 funding rounds from investors including Goldman Sachs, Anicut Capital and MaxVIL. The company has 22 employees as of November 30, 2024. Azure Hospitality offers products and services including Mamagoto, Dhaba, and Pahli Hill. Azure Hospitality operates in a competitive market with competitors including Impresario, Devyani International, Biggies Burger N More, VRO Hospitality and YUM! Brands, among others.
- Headquarter Delhi, India
- Employees 22 as on 30 Nov, 2024
- Founders Rajendra Kumar Mangal, Lavanya Ashok, Sonia Niranjan Das, Arun Kumar Khanna, Rashmi Khanna, Rahul Khanna, Kabir Suri
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.38 M (USD)
in 5 rounds
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Latest Funding Round
$27.39 K (USD), Series B
Jun 04, 2021
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Investors
Goldman Sachs
& 12 more
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Employee Count
22
as on Nov 30, 2024
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Products & Services of Azure Hospitality
Azure Hospitality offers a comprehensive portfolio of products and services, including Mamagoto, Dhaba, and Pahli Hill. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides Asian-inspired shared plates and casual dining experiences.
Offers Punjabi cuisine with iconic and unapologetic dining options.
Showcases hyper-regional Indian cuisines focused on barbecue dishes.
Funding Insights of Azure Hospitality
Azure Hospitality has successfully raised a total of $41.38M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $27.39 thousand completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $27,385
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First Round
First Round
(11 Jul 2015)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - Azure Hospitality | Valuation | SMS Trust |
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| Feb, 2020 | Amount | Series B - Azure Hospitality | Valuation | Goldman Sachs | |
| Jun, 2017 | Amount | Series B - Azure Hospitality | Valuation | Goldman Sachs |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Azure Hospitality
Azure Hospitality has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Goldman Sachs, Anicut Capital and MaxVIL. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Max Group
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Azure Hospitality
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Azure Hospitality
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Azure Hospitality Comparisons
Competitors of Azure Hospitality
Azure Hospitality operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Impresario, Devyani International, Biggies Burger N More, VRO Hospitality and YUM! Brands, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Chain of limited service restaurant
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| domain | founded_year | HQ Location |
Quick-service restaurants and food courts are developed and operated.
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| domain | founded_year | HQ Location |
Restaurant chain serving American fast food and snacks
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| domain | founded_year | HQ Location |
Restaurant chain serving multiple dishes
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| domain | founded_year | HQ Location |
Restaurants chains
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| domain | founded_year | HQ Location |
Indian restaurants and a food magazine are operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Azure Hospitality
Frequently Asked Questions about Azure Hospitality
When was Azure Hospitality founded?
Azure Hospitality was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Where is Azure Hospitality located?
Azure Hospitality is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Azure Hospitality?
Kabir Suri is the current CEO of Azure Hospitality. They have also founded this company.
Is Azure Hospitality a funded company?
Azure Hospitality is a funded company, having raised a total of $41.38M across 5 funding rounds to date. The company's 1st funding round was a Series B of $16.83M, raised on Jul 11, 2015.
How many employees does Azure Hospitality have?
As of Nov 30, 2024, the latest employee count at Azure Hospitality is 22.
What does Azure Hospitality do?
Azure Hospitality was established in 2009 in Delhi, India, as a chain of limited-service restaurants focused on Asian food. Operations span the food and beverage sector, with extensions into accommodation services. Business is driven by a combination of quality standards, international elements, and cost efficiency. The initiative involves multiple co-founders and emphasizes sector-specific growth in the region.
Who are the top competitors of Azure Hospitality?
Azure Hospitality's top competitors include Impresario, Devyani International and YUM! Brands.
What products or services does Azure Hospitality offer?
Azure Hospitality offers Mamagoto, Dhaba, and Pahli Hill.
Who are Azure Hospitality's investors?
Azure Hospitality has 13 investors. Key investors include Goldman Sachs, Anicut Capital, MaxVIL, SMS Trust, and ZJS Trust.
What is Azure Hospitality's valuation?
The valuation of Azure Hospitality is $37.61M as of Jun 2021.