TGIF India

Delhi, India Founded: 1996 • Age: 30 yrs Minicorn Acquired By United Success Enterprise
TGIF India is operated as a premium dining and bar chain across India.

About TGIF India

TGIF India is a Consumer company based in Delhi (India) founded in 1996, and was acquired by United Success Enterprise in September 2019. TGIF India is operated as a premium dining and bar chain across India. It operates on a Franchise / Licensing and Direct-to-Consumer (D2C) model. The company has 106 employees. TGIF India was last valued at $4.1 million in April 2018. Its Indian entity Bistro Hospitality Private Limited reported revenue of ₹20.01 Cr. TGIF India offers products and services including Food Menu and Handcrafted Beverages. Its focus areas include Hospitality, Restaurants and Casual Dining. Its competitors include The Beer Cafe, Doolally and Ironhill India; 2 of its 3 listed competitors have raised funding.

Company details

Tgif India Is Managed By Bistro Hospitality As A Franchise Of Tgi Fridays, A Globally Recognized Bar And Grill Brand. The Company Is Focused On Providing Innovative Dining Experiences With A Variety Of Food Options And Handcrafted Beverages. Operations Are Conducted In Multiple Cities Across India, Targeting Customers Seeking Memorable Celebrations And Casual Dining. Emphasis Is Placed On Creating A Vibrant Atmosphere With Promotions Like Happy Hour And Live Music Events. Franchise Opportunities Are Offered To Expand The Brands Presence Further In The Indian Market.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹20.01 Cr

    FY 2024 · -3% YoY

  • Net Profit
    ₹18.1 Lakh

    FY 2024 · 1% margin

  • EBITDA
    ₹1.06 Cr

    FY 2024 · 5% margin

  • Latest Funding Round
    $1M (USD), Unspecified

    Apr 2018

  • Investors
  • Employee Count
    106
  • Acquired by

Products & Services of TGIF India

TGIF India offers a comprehensive portfolio of products and services, including Food Menu and Handcrafted Beverages.

Food Menu
Dining

Variety of food items are offered for dining.

Handcrafted Beverages
Beverages

Unique beverages are crafted for customer enjoyment daily.

Funding Insights of TGIF India

  • Total Rounds 1
  • Last Round Unspecified — $1M
  • First Round $1M

    (Apr 2018)

  • Investors Count 2

All 1 funding rounds of TGIF India with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2018$1MUnspecified$4.1M–
Valuation history
DateValuationStage
Apr 2018$4.1M••••••••

Last known valuation $4.1M (Apr 2018). 3 investors in total: 3 institutional.

Investors in TGIF India

TGIF India has secured backing from 3 investors. Prominent investors backing the company include TGI Fridays, Indo Pacific Investments Mauritius and USEL.

All
InvestorDescriptionFounded YearDomainLocation
indopacificinvestmentsmauritius.tcc.mode
A chain of casual dining restaurants is operated globally.
1965tgifridays.comDallas, United States
Real estate development, industrial parks, business parks, hospitality, and energy resources operations in Asia.
2000usel.biz
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Investor details for TGIF India

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Verified entity values are shown only after access is granted.

Board of directors of Bistro Hospitality Private Limited (TGIF India)

Bistro Hospitality Private Limited is the primary company behind TGIF India. The board of Bistro Hospitality Private Limited currently have 3 directors; the longest-serving is Prasoon Mukherjee, appointed in 2019. 23 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prasoon Mukherjee
DIN 00053977
Director20 Aug 20197 yrs 2 moBistro Hospitality Private Limited
Prashant Mukherjee
DIN 08583170
Director10 Oct 20197 yrsBistro Hospitality Private Limited
Kunal Maiti
DIN 11142540
Additional Director14 Jun 20251 yr 4 moBistro Hospitality Private Limited

Financials of TGIF India

Figures of Bistro Hospitality Private Limited, the primary company behind TGIF India, for FY 2024. Revenue was ₹20.01 Cr (-3% year on year). Net profit was ₹18.1 Lakh (1% margin). EBITDA was ₹1.06 Cr (5% margin). Revenue has grown at a compounded annual rate of +19% over three years and -22% over five years.

  • ₹20.01 CrRevenue · FY 2024 · -3% YoY
  • ₹18.1 LakhNet profit · 1% margin
  • ₹1.06 CrEBITDA · 5% margin
  • ₹15.97 CrPaid-up capital
  • 106Employees (provident fund records)
  • +19%Revenue CAGR, 3 years
  • -22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Bistro Hospitality Private Limited are on its company page.

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Detailed financial statements for TGIF India

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of TGIF India

4 dated milestones of TGIF India across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded TGIF India is founded.
  2. Funding First funding round of $1.0M.
  3. Milestone Reaches Minicorn status.
  4. Exit Acquired by United Success Enterprise.

Competitors of TGIF India

TGIF India has 3 listed competitors in our database, 2 of them funded. They include The Beer Cafe, Doolally and Ironhill India.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
thebeercafe.com2012Gurugram, India$14.38M827
A chain of beer cafes is operated across India.
doolally.in2009Mumbai, India121
Operates taprooms and organizes events, workshops, and gatherings for consumers.
ironhillindia.com2017Hyderabad, India$10M6
Craft beers and food are offered through owned brewpubs.
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Detailed competitors of TGIF India

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Web traffic of TGIF India

Websites that share an audience with TGIF India (tgifindia.com).

Similar websites

Websites whose visitors overlap most with TGIF India. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
tgifridays.com
100%
357.4K#120,232View details
burrp.com
97%
View details
dunkinbrands.com
95%
87.5K#376,293View details
cafetututango.com
cafetututango.com
95%
#1,199,873–
karmelkorn.com
karmelkorn.com
95%
–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 22 similar websites and full traffic analytics for TGIF India

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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Food Service Chains

2 companies that operate in the same segment as TGIF India (Food Service Chains) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Coffee and related products are served by a restaurant chain.
1993Bengaluru, Karnataka, IndiaUSD 236.07 MUSD 110.67 M2,863
Tea and snacks are served by Chaayos in limited-service restaurants.
2012Delhi, Delhi, IndiaUSD 94.23 MUSD 31.69 M2,075
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Related news about Tgif India

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Complete news archive for TGIF India

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Frequently Asked Questions about TGIF India

TGIF India was founded in 1996 and raised its 1st funding round 22 years after it was founded.

TGIF India is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

TGIF India has 106 employees.

The primary company behind TGIF India, Bistro Hospitality Private Limited, reported revenue of ₹20.01 Cr for FY 2024, down 3% year on year.

Tgif India Is Managed By Bistro Hospitality As A Franchise Of Tgi Fridays, A Globally Recognized Bar And Grill Brand. The Company Is Focused On Providing Innovative Dining Experiences With A Variety Of Food Options And Handcrafted Beverages. Operations Are Conducted In Multiple Cities Across India, Targeting Customers Seeking Memorable Celebrations And Casual Dining. Emphasis Is Placed On Creating A Vibrant Atmosphere With Promotions Like Happy Hour And Live Music Events. Franchise Opportunities Are Offered To Expand The Brands Presence Further In The Indian Market.

TGIF India's top competitors include The Beer Cafe, Doolally and Ironhill India.

TGIF India offers Food Menu and Handcrafted Beverages.

TGIF India has 3 investors. Key investors include TGI Fridays, Indo Pacific Investments Mauritius, and USEL.

The valuation of TGIF India is $4.1M as of Apr 2018.

TGIF India operates through Bistro Hospitality Private Limited.

Yes. TGIF India was acquired by United Success Enterprise in September 2019.

The legal entities of TGIF India currently have 3 directors, including Prasoon Mukherjee, Prashant Mukherjee, Kunal Maiti.

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