About DeGustibus Hospitality
DeGustibus Hospitality is a Consumer company based in Mumbai (India) founded in 1996, and was acquired by Indiumvmauritius in July 2015. Multi Cuisine Restaurant Operator. DeGustibus Hospitality has raised $45.61 million across 8 funding rounds from investors including Powerica, True North and Sanjay Ramesh Sanghvi. The company has 110 employees. DeGustibus Hospitality was last valued at $23.25 million in April 2020. Its Indian entity Degustibus Hospitality Private Limited reported revenue of ₹2.3 Lakh. Its focus areas include Food and Agriculture, Food Service Chains, Restaurants and Diversified. Its competitors include Impresario, Devyani International and Biggies Burger N More; 3 of its 3 listed competitors have raised funding.
Company details
DeGustibus Hospitality operates luxury fine dining restaurants in Mumbai. Its portfolio includes European cuisine serving restaurant Indigo in Colaba, Indigo Delicatessen restaurant at 5 locations in Mumbai and 2 locations in Delhi, Tote on the Turf and Moveable Feast at Mahalakshmi in Mumbai. Received 30M from IVFA in July 2015.
- Headquarters Mumbai, India
- Employees 110
- Stage Acquired
- SectorsConsumer
- Website degustibus.com
- Acquired by Indiumvmauritius (Jul 2015)
- Legal Name Degustibus Hospitality Private Limited
- Date of Incorporation 27 Feb, 1996
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹2.3 Lakh
FY 2024 · -97% YoY
- Net Loss-₹93.4 Lakh
FY 2024 · -4059% margin
- EBITDA-₹81.5 Lakh
FY 2024 · -3545% margin
- Total Equity Funding$45.61M (USD)
in 8 rounds
- Latest Funding Round$393.13K (USD), Series B
Apr 2020
- InvestorsPowerica
& 6 more
- Employee Count110
- Acquired byIndiumvmauritius
(Jul 2015)
Associated legal entities of DeGustibus Hospitality
DeGustibus Hospitality is associated with 2 registered companies on The Company Check; the primary company is Degustibus Hospitality Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Degustibus Hospitality Private Limited CIN U55101MH1996PTC097667 | Active | 27 Feb 1996 | Mumbai, Maharashtra | ₹0.0 Cr | 110 | 2 | View details |
| True North Fund V Llp CIN AAI-0542 | Active | 20 Dec 2016 | Bangalore, Karnataka | ₹737 Cr | 5 | 2 | View details |
Funding Insights of DeGustibus Hospitality
DeGustibus Hospitality has successfully raised a total of $45.61M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $393.13 thousand completed in April 2020. 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 $45.61M
- Total Rounds 8
- Last Round Series B — $393,127
- Investors Count 6
All 8 funding rounds of DeGustibus Hospitality with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $393,127 | Series B | $23.25M | – | – |
| Dec 2018 | $2.37M | Series B | $26.12M | – | – |
| Nov 2017 | $3.92M | Series B | $••••• | – | |
| Jul 2017 | $2.08M | Series B | $••••• | True North | |
| Jul 2015 | $30M | Series B | – | True North | – |
| Sep 2014 | $2.49M | Series A | $••••• | – | – |
| Jun 2009 | $4.36M | Series A | $••••• | – | |
| Jul 2008 | Unspecified | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2020 | $23.25M | •••••••• |
| Dec 2018 | $26.12M | •••••••• |
| Nov 2017 | $••••• | •••••••• |
| Jul 2017 | $••••• | •••••••• |
| Jul 2015 | $••••• | •••••••• |
| Sep 2014 | $••••• | •••••••• |
| Jun 2009 | $••••• | •••••••• |
| Jul 2008 | $••••• | •••••••• |
Full valuation and stage history of DeGustibus Hospitality
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $23.25M (Apr 2020). 7 investors in total: 3 institutional and 4 angel.
Investors in DeGustibus Hospitality
DeGustibus Hospitality has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Powerica, True North and Sanjay Ramesh Sanghvi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity is invested by True North in mid-market companies. | truenorth.co.in | Mumbai, India | ||
Manufacturer generator for wind energy | 1984 | powericaltd.com | Mumbai, India | |
SR Sanjay Ramesh Sanghvi | unknown_f55090fd8beb45ad9 | |||
AK Anurag Katriar | unknown_346f241083b24cd99 | |||
NC Naresh Chander Oberoi | unknown_fc050c4edf754be5b | |||
BO Bharat Oberoi | unknown_360b109e9ee649c3a | |||
| indiumvmauritius.tcc.mode |
Investor details for DeGustibus Hospitality
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Verified entity values are shown only after access is granted.
Board of directors of Degustibus Hospitality Private Limited (DeGustibus Hospitality)
Degustibus Hospitality Private Limited is the primary company behind DeGustibus Hospitality. The boards of the 2 registered companies of DeGustibus Hospitality currently have 4 directors; the longest-serving is Anurag Aroon Katriar, appointed in 2011. 27 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anurag Aroon Katriar DIN 05130682 | Whole-time director | 25 Nov 2011 | 14 yrs 10 mo | Degustibus Hospitality Private Limited |
| Suresh Narsappa Talwar DIN 00001456 | Designated Partner | 28 Dec 2016 | 9 yrs 9 mo | True North Fund V Llp |
| Laxminarayan Rangarajan DIN 10062932 | Designated Partner | 15 May 2024 | 2 yrs 5 mo | True North Fund V Llp |
| Nupur Katriar DIN 08034413 | Additional Director | 27 Mar 2025 | 1 yr 6 mo | Degustibus Hospitality Private Limited |
People of DeGustibus Hospitality
4 people are tracked at DeGustibus Hospitality (4 in leadership); the tracked headcount is 110.
| Name | Role | Group |
|---|---|---|
| Leadership | ||
| Director | Leadership | |
Jeanne Akerkar | Leadership | |
| Leadership |
Complete people profiles for DeGustibus Hospitality
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Financials of DeGustibus Hospitality
Figures of Degustibus Hospitality Private Limited, the primary company behind DeGustibus Hospitality, for FY 2024. Revenue was ₹2.3 Lakh (-97% year on year). Net loss was -₹93.4 Lakh (-4059% margin). EBITDA was -₹81.5 Lakh (-3545% margin). Revenue has grown at a compounded annual rate of -78% over three years and -81% over five years.
- ₹2.3 LakhRevenue · FY 2024 · -97% YoY
- -₹93.4 LakhNet loss · -4059% margin
- -₹81.5 LakhEBITDA · -3545% margin
- ₹48.32 CrPaid-up capital
- 110Employees (provident fund records)
- -78%Revenue CAGR, 3 years
- -81%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Degustibus Hospitality Private Limited are on its company page.
Detailed financial statements for DeGustibus Hospitality
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of DeGustibus Hospitality
5 dated milestones of DeGustibus Hospitality across 24 years, from founding to its latest funding, stage changes and deals.
- Founded DeGustibus Hospitality is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Exit Acquired by Indiumvmauritius.
- Funding Latest funding round, Series B, of $393K.
Competitors of DeGustibus Hospitality
DeGustibus Hospitality has 3 listed competitors in our database, 3 of them funded. They include Impresario, Devyani International and Biggies Burger N More.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| impresario.in | 2001 | Mumbai, India | $53.78M | 4,495 | Chain of limited service restaurant | |
| dil-rjcorp.com | 1991 | Delhi, India | $153.03M | 16,371 | Quick-service restaurants and food courts are developed and operated. | |
| biggiesburger.com | 2011 | Bengaluru, India | $1.29M | 133 | Restaurant chain serving American fast food and snacks |
Detailed competitors of DeGustibus Hospitality
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Top companies in Food Service Chains
2 companies that operate in the same segment as DeGustibus Hospitality (Food Service Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.23 M | USD 31.69 M | 2,075 |
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Related news about Degustibus Hospitality
Complete news archive for DeGustibus Hospitality
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Frequently Asked Questions about DeGustibus Hospitality
DeGustibus Hospitality was founded in 1996 and raised its 1st funding round 12 years after it was founded.
DeGustibus Hospitality is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
DeGustibus Hospitality is a funded company, having raised a total of $45.61M across 8 funding rounds to date.
DeGustibus Hospitality has 110 employees.
The primary company behind DeGustibus Hospitality, Degustibus Hospitality Private Limited, reported revenue of ₹2.3 Lakh for FY 2024, down 97% year on year.
DeGustibus Hospitality operates luxury fine dining restaurants in Mumbai. Its portfolio includes European cuisine serving restaurant Indigo in Colaba, Indigo Delicatessen restaurant at 5 locations in Mumbai and 2 locations in Delhi, Tote on the Turf and Moveable Feast at Mahalakshmi in Mumbai. Received 30M from IVFA in July 2015.
DeGustibus Hospitality's top competitors include Impresario, Devyani International and Biggies Burger N More.
DeGustibus Hospitality has 7 investors. Key investors include Powerica, True North, Sanjay Ramesh Sanghvi, Anurag Katriar, and Naresh Chander Oberoi.
The valuation of DeGustibus Hospitality is $23.25M as of Apr 2020.
DeGustibus Hospitality is associated with 2 legal entities: Degustibus Hospitality Private Limited, True North Fund V Llp.
Yes. DeGustibus Hospitality was acquired by Indiumvmauritius in July 2015.
The legal entities of DeGustibus Hospitality currently have 4 directors, including Suresh Narsappa Talwar, Laxminarayan Rangarajan, Anurag Aroon Katriar and others.