About Kwals Restaurants
Kwals Restaurants is a Consumer company based in Chandigarh (India) founded in 1945. Restaurants are owned and operated for food and beverages. Kwals Restaurants has raised $29.31 million across 1 funding round. The company has 1 employees. Its Indian entity Kwals Catering Private Limited reported revenue of ₹9.31 Cr. Its focus areas include Food and Agriculture, Food Service Chains, Restaurants and Limited Service. Its competitors include Impresario, Devyani International and Biggies Burger N More; 3 of its 3 listed competitors have raised funding.
Company details
Kwals Restaurants was established in 1945 in Chandigarh, India. Operations are focused on the food and beverages sector, where restaurants are owned and managed to serve meals and drinks. The company is directed by Rohit Jain and maintains its primary location in the region, handling day-to-day restaurant activities without expansion details specified.
- Headquarters Chandigarh, India
- Employees 1
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website kwals.net
- Social LinkedIn Facebook
- Legal Name Kwals Catering Private Limited
- Date of Incorporation 08 Dec, 2014
- Jurisdiction Chandigarh, India
- Annual Revenue₹9.31 Cr
FY 2019 · +73% YoY
- Net Loss-₹1.93 Cr
FY 2019 · -21% margin
- EBITDA-₹1.36 Cr
FY 2019 · -15% margin
- Total Equity Funding$29.31M (USD)
in 1 rounds
- Latest Funding Round$29.31M (USD), Series B
Jan 2017
- Employee Count1
Associated legal entities of Kwals Restaurants
Kwals Restaurants operates through Kwals Catering Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kwals Catering Private Limited CIN U55101CH2014PTC035298 | Active | 08 Dec 2014 | Chandigarh, Chandigarh | ₹9.3 Cr | 3 | View details |
Funding Insights of Kwals Restaurants
Kwals Restaurants has successfully raised a total of $29.31M through 1 strategic funding round. The most recent funding activity was a Series B round of $29.31 million completed in January 2017. 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 $29.31M
- Total Rounds 1
- Last Round Series B — $29.31M
- First Round $29.31M
(Jan 2017)
All 1 funding rounds of Kwals Restaurants 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 |
|---|---|---|---|---|---|
| Jan 2017 | $29.31M | Series B | – | – | – |
Board of directors of Kwals Catering Private Limited (Kwals Restaurants)
Kwals Catering Private Limited is the primary company behind Kwals Restaurants. The board of Kwals Catering Private Limited currently have 3 directors; the longest-serving is Sameer Lamba, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sameer Lamba DIN 00720739 | Director | 08 Dec 2014 | 11 yrs 10 mo | Kwals Catering Private Limited |
| Rohit Jain DIN 07832360 | Additional Director | 24 May 2017 | 9 yrs 5 mo | Kwals Catering Private Limited |
| Sahil Baweja DIN 07045071 | Director | 11 Oct 2018 | 8 yrs | Kwals Catering Private Limited |
People of Kwals Restaurants
1 people are tracked at Kwals Restaurants (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Director | Leadership |
Complete people profiles for Kwals Restaurants
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Financials of Kwals Restaurants
Figures of Kwals Catering Private Limited, the primary company behind Kwals Restaurants, for FY 2019. Revenue was ₹9.31 Cr (+73% year on year). Net loss was -₹1.93 Cr (-21% margin). EBITDA was -₹1.36 Cr (-15% margin).
- ₹9.31 CrRevenue · FY 2019 · +73% YoY
- -₹1.93 CrNet loss · -21% margin
- -₹1.36 CrEBITDA · -15% margin
- ₹11 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Kwals Catering Private Limited are on its company page.
Detailed financial statements for Kwals Restaurants
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Kwals Restaurants
2 dated milestones of Kwals Restaurants across 72 years, from founding to its latest funding, stage changes and deals.
- Founded Kwals Restaurants is founded.
- Funding First funding round of $29.3M.
Competitors of Kwals Restaurants
Kwals Restaurants 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 Kwals Restaurants
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Top companies in Food Service Chains
2 companies that operate in the same segment as Kwals Restaurants (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 Kwals Restaurants
Complete news archive for Kwals Restaurants
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Frequently Asked Questions about Kwals Restaurants
Kwals Restaurants was founded in 1945 and raised its 1st funding round 72 years after it was founded.
Kwals Restaurants is headquartered in Chandigarh, India.
Kwals Restaurants is a funded company, having raised a total of $29.31M across 1 funding round to date. The company's 1st funding round was a Series B of $29.31M, raised on Jan 2017.
Kwals Restaurants has 1 employees.
The primary company behind Kwals Restaurants, Kwals Catering Private Limited, reported revenue of ₹9.31 Cr for FY 2019, up 73% year on year.
Kwals Restaurants was established in 1945 in Chandigarh, India. Operations are focused on the food and beverages sector, where restaurants are owned and managed to serve meals and drinks. The company is directed by Rohit Jain and maintains its primary location in the region, handling day-to-day restaurant activities without expansion details specified.
Kwals Restaurants's top competitors include Impresario, Devyani International and Biggies Burger N More.
Kwals Restaurants operates through Kwals Catering Private Limited.
The legal entities of Kwals Restaurants currently have 3 directors, including Rohit Jain, Sameer Lamba, Sahil Baweja.