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| industry = Quick service Restaurants |
| industry = Quick service Restaurants |
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| products = Vada Pav, Sabudana Vada<ref>[http://golivadapav.com/products.html 'Goli Vada Pav No.1'<!-- Bot generated title -->] {{Webarchive|url=https://web.archive.org/web/20111005145120/http://golivadapav.com/products.html |date=5 October 2011 }} golivadapav.com</ref> |
| products = Vada Pav, Sabudana Vada<ref>[http://golivadapav.com/products.html 'Goli Vada Pav No.1'<!-- Bot generated title -->] {{Webarchive|url=https://web.archive.org/web/20111005145120/http://golivadapav.com/products.html |date=5 October 2011 }} golivadapav.com</ref> |
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| revenue = {{increase}} |
| revenue = {{increase}} ₹55 [[Crore]] (2015)<ref name="first">[http://www.novonous.com/case-studies/business-opportunity-ethnic-fast-food-industry-%E2%80%93-goli-vadapav-no1 Business Opportunity in Ethnic Fast Food Industry – Goli Vadapav No.1 | Case Study | NOVONOUS<!-- Bot generated title -->] {{Webarchive|url=https://archive.is/20140124064406/http://www.novonous.com/case-studies/business-opportunity-ethnic-fast-food-industry-%E2%80%93-goli-vadapav-no1 |date=24 January 2014 }} www.novonous.com</ref> |
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| num_employees = 150-200 (2016)<ref name="first" /> |
| num_employees = 150-200 (2016)<ref name="first" /> |
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| parent = Goli Vada Pav Pvt. Ltd |
| parent = Goli Vada Pav Pvt. Ltd |
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| foundation = {{Start date and age|2004|mf=y}} in [[Mumbai]], India |
| foundation = {{Start date and age|2004|mf=y}} in [[Mumbai]], India |
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| location = [[Vikhroli|Vikhroli, Mumbai]], India |
| location = [[Vikhroli|Vikhroli, Mumbai]], Maharashtra, [[India]] |
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| homepage = {{url|golivadapav.com}} |
| homepage = {{url|golivadapav.com}} |
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'''Goli Vada Pav''' is an Indian fast food restaurant chain originated from [[Mumbai]], [[Maharashtra]], India. It was founded in 2004 as a [[vada pav]] restaurant by Venkatesh Iyer |
'''Goli Vada Pav''' is an Indian fast food restaurant chain originated from [[Mumbai]], [[Maharashtra]], [[India]]. It was founded in 2004 as a [[vada pav]] restaurant by Venkatesh Iyer, it serves varieties of Vada Pavs, Vada Rolls, Curry Pavs, sides, beverages and desserts. |
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== History == |
== History == |
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Goli Vada Pav was founded by Venkatesh Iyer. The chain started operations in early 2004 with a single |
Goli Vada Pav was founded by Venkatesh Iyer. The chain started operations in early 2004 with a single ‘''Quick service restaurant''’. The first outlet was set up in [[Kalyan]], a suburban locality in Mumbai. The company raised [[Indian rupee|₹]]21 [[Crore|crores]] from venture fund VenturEast in 2011.<ref>Gaurav, Vijay. [http://articles.economictimes.indiatimes.com/2011-08-29/news/29941505_1_ventureast-chain-brand-building Food chain Goli Vada Pav gets ₹21-crore funds from VenturEast] ''The Economic Times'' 29 August 2011</ref> |
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A large-scale expansion of the outlets had to be abandoned due to the limited popularity of the franchise in Mumbai. At this point, Venkatesh Iyer received an offer from an acquaintance to set up an outlet in the city of [[Nashik]] in Maharashtra.<ref>[http://www.thehindubusinessline.com/industry-and-economy/goli-vada-pav-from-mumbais-streets-on-to-the-business-highway/article4156599.ece?homepage=true&ref=wl_home Goli Vada Pav - From Mumbai’s streets on to the business highway] ''The Hindu Business Line''</ref> Soon enough Goli Vada Pav was set up in over 40 cities with 150 outlet |
A large-scale expansion of the outlets had to be abandoned due to the limited popularity of the franchise in Mumbai. At this point, Venkatesh Iyer received an offer from an acquaintance to set up an outlet in the city of [[Nashik]] in Maharashtra.<ref>[http://www.thehindubusinessline.com/industry-and-economy/goli-vada-pav-from-mumbais-streets-on-to-the-business-highway/article4156599.ece?homepage=true&ref=wl_home Goli Vada Pav - From Mumbai’s streets on to the business highway] ''The Hindu Business Line''</ref> Soon enough Goli Vada Pav was set up in over 40 cities with 150 outlet, and is now the 4th biggest fast food company in India. |
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Goli Vada Pav stores operate under the name of '''<nowiki/>'Goli Vadapav No.1''' |
Goli Vada Pav stores operate under the name of '''<nowiki/>'<nowiki/>'''''Goli Vadapav No.1'''''<nowiki/>'''' |
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== Awards & Recognition == |
== Awards & Recognition == |
Revision as of 07:07, 15 August 2020
Company type | Private |
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Industry | Quick service Restaurants |
Founded | 2004Mumbai, India | in
Founder |
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Headquarters | Vikhroli, Mumbai, Maharashtra, India |
Key people | Venkatesh Iyer (CEO) |
Products | Vada Pav, Sabudana Vada[1] |
Revenue | ₹55 Crore (2015)[2] |
Number of employees | 150-200 (2016)[2] |
Parent | Goli Vada Pav Pvt. Ltd |
Website | golivadapav |
Goli Vada Pav is an Indian fast food restaurant chain originated from Mumbai, Maharashtra, India. It was founded in 2004 as a vada pav restaurant by Venkatesh Iyer, it serves varieties of Vada Pavs, Vada Rolls, Curry Pavs, sides, beverages and desserts.
History
Goli Vada Pav was founded by Venkatesh Iyer. The chain started operations in early 2004 with a single ‘Quick service restaurant’. The first outlet was set up in Kalyan, a suburban locality in Mumbai. The company raised ₹21 crores from venture fund VenturEast in 2011.[3] A large-scale expansion of the outlets had to be abandoned due to the limited popularity of the franchise in Mumbai. At this point, Venkatesh Iyer received an offer from an acquaintance to set up an outlet in the city of Nashik in Maharashtra.[4] Soon enough Goli Vada Pav was set up in over 40 cities with 150 outlet, and is now the 4th biggest fast food company in India.
Goli Vada Pav stores operate under the name of 'Goli Vadapav No.1'
Awards & Recognition
- Golden Spoon Award-Most Admired Food Chain of Indian Origin, by Coca-Cola.[5]
- 6th Largest QSR Brand in India.[6]
References
- Footnotes
- ^ 'Goli Vada Pav No.1' Archived 5 October 2011 at the Wayback Machine golivadapav.com
- ^ a b Business Opportunity in Ethnic Fast Food Industry – Goli Vadapav No.1 | Case Study | NOVONOUS Archived 24 January 2014 at archive.today www.novonous.com
- ^ Gaurav, Vijay. Food chain Goli Vada Pav gets ₹21-crore funds from VenturEast The Economic Times 29 August 2011
- ^ Goli Vada Pav - From Mumbai’s streets on to the business highway The Hindu Business Line
- ^ Jubilant Foodworks sweeps the Coca Cola Golden Spoon Awards 2014 India Infoline
- ^ Midha, Manisha Almadi (29 September 2016). "Goli Vada Pav: Mainstreaming Vada Pav across India". FoodService India. Retrieved 1 July 2018.
- General sources
- "Business Opportunity in Ethnic Fast Food Industry – Goli Vadapav No.1" Compiled By - Manoj Gupta
- "CEO of Goli Vada Pav holds four classroom sessions at the ISB"
- "Goli Vada Pav plans huge franchise expansion"
- "Food chain Goli Vada Pav gets ₹21-crore funds from VenturEast"