100 crore side business of Amit Burman, Vice Chairman of Dabur
In 1999 Amit Burman had to step down as CEO of Dabur Foods ( revenue of INR 350 crores). Dabur Foods merged with Dabur Ltd.
In 1999 Amit Burman had to step down as CEO of Dabur Foods ( revenue of INR 350 crores). Dabur Foods merged with Dabur Ltd.
He started again, and built a chain of QSR ( quick service restaurant) and CDR ( casual dining restaurant) brands.
His path to country’s biggest restauranteur happened in three phases.
Chapter 1: Dabur Food; a grand success
Amit Burman is Dabur’s Vice Chairman.
He grew Dabur’s food business with brands such as Real and Homemade.
In 2014 its revenue was INR 350 crore.
Chapter 2: More businesses; not successful
Internet
Audi dealership
A boutique hospital for giving birth
Chapter 3: Little Bite Foods; super successful
14 brands such as Zambar, Punjab Grill, Pino, Baker Street and Fres Co.
More than 138 outlets in Delhi-NCR and Mumbai
Revenue of more than INR 100 crore
Fun facts:
Side business of Burman family includes restaurants ( Little Bite/ Subway/ Tacobell), financial services ( Aviva), Health Care ( Mohit had bid for Fortis), Agriculture, Sports ( IPL’s Punjab).
The combined worth is nearing $1bn.
Family council is worth more than $6bn, which cross invests in family businesses.
Amit Burman is a trained pilot and a bartender.
Worth reading: Amit shares his journey in an interview.