About VRO Hospitality
VRO Hospitality is a company based in Bengaluru (India) founded in 2018 by Safdar Adhoor, Sharath Rice, and Dawn Thomas.. VRO Hospitality has raised $16.29 million across 14 funding rounds from investors including Axis Bank, Angel List and UC Inclusive Credit. The company has 1,059 employees as of April 04, 2024. VRO Hospitality offers products and services including Mirage, Plan B, Cafe Noir, Taki Taki, and Badmaash. VRO Hospitality operates in a competitive market with competitors including Impresario, Devyani International, Biggies Burger N More, YUM! Brands and Hunger, among others.
- Headquarter Bengaluru, India
- Employees 1059 as on 04 Apr, 2024
- Founders Safdar Adhoor, Sharath Rice, Dawn Thomas
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name V&Ro Hospitality Private Limited
- Date of Incorporation 23 May, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$20.18 M (USD)0as on Mar 31, 2023
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Net Profit
$237.44 K (USD)0as on Mar 31, 2023
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EBITDA
$1.63 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$16.29 M (USD)
in 14 rounds
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Latest Funding Round
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Investors
Axis Bank
& 37 more
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Employee Count
1059
as on Apr 04, 2024
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Products & Services of VRO Hospitality
VRO Hospitality offers a comprehensive portfolio of products and services, including Mirage, Plan B, Cafe Noir, Taki Taki, and Badmaash. 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.
Rooftop lounge offering cocktails and meals in urban settings
Specializes in wings and beer with weekly food deals
French casual dining with extensive menu options
Japanese-inspired dining with Indian flavors
Authentic Indian cuisine in a royal dining setting
Classic bar with old-world charm and drinks
Thai-themed venue with tequila and cocktails
Neighborhood spot for casual fun and drinks
Pizzeria using fresh local produce for pizzas
Burger outlet with delivery services
Local bar for social gatherings and frolic
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Funding Insights of VRO Hospitality
VRO Hospitality has successfully raised a total of $16.29M across 14 strategic funding rounds. 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 14
- Last Round Last Round
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First Round
First Round
(30 Oct 2020)
- Investors Count 38
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - VRO Hospitality | Valuation | Axis Bank , Gruhas | |
| Jan, 2024 | Amount | Debt – Conventional - VRO Hospitality | Valuation |
investors |
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| Jun, 2023 | Amount | Debt – Conventional - VRO Hospitality | Valuation |
investors |
| 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 VRO Hospitality
VRO Hospitality has secured backing from 38 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Axis Bank, Angel List and UC Inclusive Credit. 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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Venture capital firm investing in technology-driven innovations and partnerships in India.
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Founded Year | Domain | Location | |
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Investments are directed toward healthcare, logistics, education, and multiple sectors.
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Founded Year | Domain | Location | |
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Investment in tech startups focusing on innovation and emerging trends in India.
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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 VRO 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 - VRO 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 |
Vro Hospitality Comparisons
Competitors of VRO Hospitality
VRO 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, YUM! Brands and Hunger, 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 |
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 Vro Hospitality
Frequently Asked Questions about VRO Hospitality
When was VRO Hospitality founded?
VRO Hospitality was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is VRO Hospitality located?
VRO Hospitality is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of VRO Hospitality?
Dawn Thomas is the current CEO of VRO Hospitality. They have also founded this company.
Is VRO Hospitality a funded company?
VRO Hospitality is a funded company, having raised a total of $16.29M across 14 funding rounds to date.
How many employees does VRO Hospitality have?
As of Apr 04, 2024, the latest employee count at VRO Hospitality is 1,059.
What is the annual revenue of VRO Hospitality?
Annual revenue of VRO Hospitality is $20.18M as on Mar 31, 2023.
What does VRO Hospitality do?
VRO Hospitality was founded in 2018 in Bengaluru, India, and operates within the hospitality sector as a restaurant chain. A variety of formats is managed, including casual dining, premium lounges, fine dining establishments, and cloud kitchens. Curated culinary experiences and state-of-the-art events are provided to address diverse customer preferences across these operations.
Who are the top competitors of VRO Hospitality?
VRO Hospitality's top competitors include Impresario, Devyani International and YUM! Brands.
What products or services does VRO Hospitality offer?
VRO Hospitality offers Mirage, Plan B, Cafe Noir, Taki Taki, and 6 more products and services.
Who are VRO Hospitality's investors?
VRO Hospitality has 38 investors. Key investors include Axis Bank, Angel List, UC Inclusive Credit, Collective Artists Network, and Grip Invest.
What is VRO Hospitality's valuation?
The valuation of VRO Hospitality is $51.31M as of Mar 2023.
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