Customer Success Story: Daryadaari

May 23, 2024
Updated on

The restaurant industry stands as a testament to the dynamic and ever-evolving nature of business. It is a realm where culinary creativity meets customer preferences, and the pursuit of gastronomic excellence continuously drives innovation. Restaurants have morphed from simple food-serving establishments into hubs of immersive dining experiences, combining culinary craft and ambiance to captivate a diverse clientele. In this vibrant landscape, the room for new ideas and experimentation is vast, making it a fertile ground for entrepreneurs with bold visions.

Innovation within the restaurant industry takes many forms. From fusion cuisines that blend cultural flavors to eco-friendly and sustainable dining concepts that prioritize ethical consumption, the industry thrives on pushing boundaries. Experimentation is not limited to the menu; it extends to the entire dining journey, from the moment a guest steps through the door to the post-meal engagement through social media.

However, it’s not enough for an innovative concept to merely exist; it requires the right kind of financial support to flourish. This is where Kinara Capital comes in. With its financing support, provided through easily accessible, collateral-free business loans, the company empowers small businesses to bring their imaginative ideas to life. The access to capital allows them to invest in cutting-edge technology, exceptional interior design, and strategic marketing, to unleash their full potential.

Introduction: Daryadaari

Sarvesh Ravindra Tare started his journey as an entrepreneur by opening an Agri-Koli theme-based cloud Kitchen in Thane, Maharashtra. The concept was a unique one, and took off quickly. It received a lot of positive attention from customers, and sales soared. 

The business performed so well that after a couple of years, Sarvesh started thinking about transforming it into a proper restaurant with the same Agri-Koli theme. However, given the kind of investment opening a restaurant would involve, it seemed more like a pipe dream to him. All of that changed when he came across Kinara Capital.

Grow your MSME with collateral-free business loans

Turning Dreams into Reality

In 2022, Sarvesh secured a working capital loan of Rs. 2 lakhs from Kinara, followed by another loan of Rs. 6.5 lakhs in 2023. With this fund infusion, he was able to build and open his restaurant, which is the first of its kind in Thane. The restaurant not only boasts a signature cuisine, but also has a unique boat-themed interior and exterior design in line with its concept. The unique design provides customers with the immersive feeling of being on a boat while they enjoy their meal, which adds to the overall appeal of the restaurant.

Sarvesh shares, “Our Agri-Koli theme-based cloud kitchen had been a huge hit with customers, so we knew we could succeed as a restaurant. However, this dream would never have become a reality if not for Kinara’s continued support. Thank you, Kinara Capital!”

Larger Impact of Kinara’s Support

Kinara serves as a catalytic force in the realm of MSME entrepreneurship, bridging the gap between aspirations and actuality. While traditional lenders might hesitate to provide financing for untested ideas and innovations by MSMEs, Kinara’s AL/ML-based loan decisioning models help the company back the right businesses. With its visionary financing support, Kinara empowers entrepreneurs with small and medium-sized businesses to transform their entrepreneurial concepts into tangible realities. 

By extending timely and accessible funding, Kinara fuels the engine of innovation, allowing these entrepreneurs to navigate the financial hurdles that often impede their growth journey. Through their strategic financial solutions, Kinara not only enables MSMEs to establish their enterprises but also paves the way for exponential expansion. This symbiotic relationship between financing and entrepreneurship not only propels individual businesses forward but also contributes to the overall economic fabric by fostering job creation, industry innovation, and sustainable growth.

Sarvesh is among thousands of entrepreneurs who have benefited from Kinara’s loans. If you are a small business entrepreneur, it’s time to get your growth journey started with Kinara Capital. To get a business loan for your small business, check your loan eligibility in 1 minute in the myKinara App by downloading it from the Google Play Store, with 7 language options available, choose your preferred vernacular. Also, we have a dedicated customer support team available between Monday – Friday (9.30 AM – 6.00 PM) at our toll free number 1800-103-2683 for any questions or assistance. This ensures that entrepreneurs can get the help they need throughout the loan process.

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