Cafe Amudham Lands Rs 4-5 Crore Investment from Zerodha Co-founder Nikhil Kamath
Cafe Amudham, a quick service restaurant (QSR) inspired by The Rameshwaram Cafe, has received a significant investment from Nikhil Kamath, co-founder of Zerodha. The amount invested is estimated to be around Rs 4-5 crore.
The restaurant, started by Priyanka Rudrappa who earlier ran an outlet of The Rameshwaram Cafe, follows a unique expansion strategy. Unlike its predecessor, Cafe Amudham aims to establish multiple outlets across various cities. The first branch of this new venture, backed by Kamath, is situated in Bengaluru, India.
Kamath, known for his previous investments in food companies like Third Wave Coffee, has shown confidence in Cafe Amudham's potential. The QSR has gained popularity for its signature ghee-laden dosas and idlis, attracting Kamath's interest and investment.
With Nikhil Kamath's investment, Cafe Amudham is set to expand its reach, bringing its popular dishes to more cities. The QSR's unique expansion strategy and delicious offerings have caught the attention of prominent investors, indicating a promising future for the brand.