ShivSagar Eyes For an Investment of 150 Cr by 2019

SHIVSAGAR FOOD & Resorts Pvt. Ltd. is planning to expand both the brands overseas and also looking at rupees 150 Crore investment by the end of 2019. Brainchild of an entrepreneur Narayan Poojari who started his business in 1990, today ShivSagar has made its presence all over India with 14 outlets across Mumbai, Pune, Mangalore and Ahmedabad.

 “The investment will be a combination of internal investment and funding from venture capitalists and equity partners. All these properties will be a company owned. Our vision is to bring to the world the very best food,” says Poojari in a conversation with BW Hotelier.

Speaking about the expansion plan Poojari stated, “We will be opening up ShivSagar in the Middle East in Dubai whereas Fish N Bait will make its way to London. We don’t have immediate plans to expand to Delhi but we are exploring property options in North India in the near future.”

 Believing in the thought that good food will promote itself, Poojari is focusing on the location that will suit both the brands. “With Fish N Bait, It’s also important for us to bring sea food to locations that may not have a good variety available to them,” he said.

He recently launched a seafood fine dine restaurant, Fish N Bait in BKC that focuses on providing coastal food from all over the world. “Our idea behind Fish N Bait was to present to today’s well-travelled and adventurous diner the culinary culture of coastal regions from around the world, with a key focus on the Indian coastal cuisine,” Poojari added.