About VRO Hospitality
VRO Hospitality is a Consumer company based in Bengaluru (India) founded in 2018 by Safdar Adhoor, Sharath Rice, and Dawn Thomas. Restaurant chain serving multiple dishes. VRO Hospitality has raised $18.21 million across 16 funding rounds from investors including Axis Bank, Angel List and UC Inclusive Credit. The company has 1,059 employees. VRO Hospitality was last valued at $51.31 million in March 2023. Its chief executive, as recorded, is Dawn Thomas. Its Indian entity V&Ro Hospitality Private Limited reported revenue of ₹168 Cr. VRO Hospitality offers products and services including Mirage, Plan B, Cafe Noir, Taki Taki, and Badmaash. 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
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.
- Headquarters Bengaluru, India
- Employees 1,059
- Founders Safdar Adhoor, Sharath Rice, Dawn Thomas
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Website vrohospitality.com
- Social LinkedIn X
- Legal Name V&Ro Hospitality Private Limited
- Date of Incorporation 23 May, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹168 Cr
FY 2023 · +112% YoY
- Net Profit₹1.97 Cr
FY 2023 · 1% margin
- EBITDA₹18.16 Cr
FY 2023 · 11% margin
- Total Equity Funding$18.21M (USD)
in 16 rounds
- Latest Funding Round$1.14M (USD), Series A
Oct 2024
- InvestorsAxis Bank
& 48 more
- Employee Count1,059
Associated legal entities of VRO Hospitality
VRO Hospitality operates through V&Ro Hospitality Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| V&Ro Hospitality Private Limited CIN U55209KA2018PTC113386 | Active | 23 May 2018 | Bangalore, Karnataka | ₹168 Cr | 936 | 3 | View details |
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.
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
Funding Insights of VRO Hospitality
VRO Hospitality has successfully raised a total of $18.21M across 16 strategic funding rounds. The most recent funding activity was a Series A round of $1.14 million completed in October 2024. 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 $18.21M
- Total Rounds 16
- Last Round Series A — $1.14M
- First Round $918,020
(Oct 2020)
- Investors Count 49
Latest 10 of 16 funding rounds of VRO 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 |
|---|---|---|---|---|---|
| Oct 2024 | $1.14M | Series A | – | Harshil Mathur | |
| Jan 2024 | $10M | Series A | – | Axis Bank, Gruhas | |
| Jan 2024 | Debt – Conventional | – | – | ||
| Jun 2023 | Debt – Conventional | – | – | ||
| Mar 2023 | $2.23M | Series A | $51.31M | – | |
| Nov 2022 | $909,216 | Series A | $50.12M | Wellfound | |
| Nov 2022 | $777,183 | Series A | – | Harshita Singh | |
| Nov 2022 | Debt – Conventional | – | – | ||
| Jun 2022 | Debt – Conventional | – | – | ||
| Jun 2022 | Debt – Conventional | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $51.31M | •••••••• |
| Nov 2022 | $50.12M | •••••••• |
| Mar 2022 | $••••• | •••••••• |
| Nov 2021 | $••••• | •••••••• |
| Oct 2020 | $••••• | •••••••• |
Full valuation and stage history of VRO 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
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $51.31M (Mar 2023). 49 investors in total: 23 institutional and 26 angel.
Investors in VRO Hospitality
VRO Hospitality has secured backing from 49 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Axis Bank, Angel List and UC Inclusive Credit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | gruhas.com | Bengaluru, India | |
Investments are directed toward healthcare, logistics, education, and multiple sectors. | nbventuresme.com | Dubai, United Arab Emirates | ||
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India | |
Venture capital funding is provided to innovative startups in India. | Mumbai, India | |||
A venture capital firm focused on early-stage startup investments. | voxtur.xyz | Bengaluru, India | ||
Private debt funding is provided across multiple sectors. | Delhi, India | |||
Venture capital investments are directed toward companies in multiple sectors. | Bengaluru, India | |||
Provider of a commercial banking services | 1993 | axisbank.com | Mumbai, India | |
Diversified operations are conducted across multiple industries worldwide. | 1972 | navalimited.com | Hyderabad, India | |
Provider of financial inclusion services to underserved sectors | 2016 | ucinclusive.in | Bengaluru, India |
Investor details for VRO Hospitality
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of V&Ro Hospitality Private Limited (VRO Hospitality)
V&Ro Hospitality Private Limited is the primary company behind VRO Hospitality. The board of V&Ro Hospitality Private Limited currently have 3 directors; the longest-serving is Sharath Rice, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sharath Rice DIN 07190813 | Director | 23 May 2018 | 8 yrs 5 mo | V&Ro Hospitality Private Limited |
| Safdhar Mohammed Adoor DIN 07034756 | Director | 23 May 2018 | 8 yrs 5 mo | V&Ro Hospitality Private Limited |
| Dawn Thomas Pious DIN 07034733 | Director | 23 May 2018 | 8 yrs 5 mo | V&Ro Hospitality Private Limited |
People of VRO Hospitality
5 people are tracked at VRO Hospitality (5 in leadership); the tracked headcount is 1,059.
| Name | Role | Group |
|---|---|---|
Safdar Adhoor | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co Founder & Director | Leadership | |
Ravi Shinde | General Manager Operations | Leadership |
Complete people profiles for VRO Hospitality
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of VRO Hospitality
Figures of V&Ro Hospitality Private Limited, the primary company behind VRO Hospitality, for FY 2023. Revenue was ₹168 Cr (+112% year on year). Net profit was ₹1.97 Cr (1% margin). EBITDA was ₹18.16 Cr (11% margin). Revenue has grown at a compounded annual rate of +150% over three years.
- ₹168 CrRevenue · FY 2023 · +112% YoY
- ₹1.97 CrNet profit · 1% margin
- ₹18.16 CrEBITDA · 11% margin
- ₹30.1 LakhPaid-up capital
- 936Employees (provident fund records)
- +150%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of V&Ro Hospitality Private Limited are on its company page.
Detailed financial statements for VRO Hospitality
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of VRO Hospitality
4 dated milestones of VRO Hospitality across 6 years, from founding to its latest funding, stage changes and deals.
- Founded VRO Hospitality is founded.
- Funding First funding round of $918K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.1M.
Competitors of VRO Hospitality
VRO 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 VRO Hospitality
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of VRO Hospitality
The website of VRO Hospitality (vrohospitality.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 45.8% vs previous month
Top companies in Food Service Chains
2 companies that operate in the same segment as VRO 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 38.52 M | 2,075 |
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Related news about Vro Hospitality
Complete news archive for VRO Hospitality
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Frequently Asked Questions about VRO Hospitality
VRO Hospitality was founded in 2018 and raised its 1st funding round 2 years after it was founded.
VRO Hospitality is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Dawn Thomas is the CEO of VRO Hospitality, as recorded in our data. They have also founded this company.
VRO Hospitality is a funded company, having raised a total of $18.21M across 16 funding rounds to date.
VRO Hospitality has 1,059 employees.
The primary company behind VRO Hospitality, V&Ro Hospitality Private Limited, reported revenue of ₹168 Cr for FY 2023, up 112% year on year.
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.
VRO Hospitality's top competitors include Impresario, Devyani International and Biggies Burger N More.
VRO Hospitality offers Mirage, Plan B, Cafe Noir, Taki Taki, and 6 more products and services.
VRO Hospitality has 49 investors. Key investors include Axis Bank, Angel List, UC Inclusive Credit, Collective Artists Network, and Grip Invest.
The valuation of VRO Hospitality is $51.31M as of Mar 2023.
VRO Hospitality operates through V&Ro Hospitality Private Limited.