D.Balakrishnan – Sri Sastha Eateries – Fireside Ventures

Founder D.Balakrishnan pitching Salem-based Sri Sastha Eateries – a Startup that offers a fusion of bakery, tiffin, chat, sweet, namkeen and FMCG food products.

Balakrishnan comes from a family that own a restaurant chain of a 110 stores and has learnt the ropes of the business since his childhood. He has had 10+ years of intense experience in this industry.

At present the Startup has 3 stores with annual revenues of 3.28 cr. The Startup is targeting customers with an average salary of 20k – 1.2 lac.

“Our aim is to open 20+ outlets in the next 3-4yrs and then enter into the packaging industry that leverages the brand,” says Balakrishnan. The Startup is ambitious and lists going IPO as a desire.

Founder:

D.Balakrishnan

B.E(mech) CIT, Coimbatore