Moonshine Food Venture announces the acquisition of Café Staywoke
The acquisition marks a step ahead in the robust growth plans of the Company
Moonshine Food Ventures LLP (MFVL) announced the acquisition of Café StayWoke, Gurgaon for an undisclosed amount. The acquisition marks a step ahead in the robust growth plans of the Company.
MFVL has been focused in building a professional organisation in the F & B business with the right portfolio mix of restaurants. Their outlets include Saints N Sinners, Gurgaon, Farzi Café: Aerocity, Delhi and they have a few upcoming projects like: Saga-Cuisines of India with Michelin Star Chef Atul Kochhar, Glasshouse: World Grill &Bar, Gurgaon and Pa Pa Ya at WorldMark, Gurgaon. Café Staywoke acquisition marks their entry in the growing cafe business.
Cafe Staywoke is a vibrant cafe serving gourmet casual food since November 2017 and very well liked among the Gurugram consumer market. “The brand Staywoke is our first venture. It has been a memorable journey helping us meet some amazing people on the way. But as they say, sometimes you have to step back and let the dream live on. Vishal Anand, a hospitalily entrepreneur himself if we may say so, works with the same enthusiasm as us and has a great team behind him.We are a hundred percent optimistic that Monshine Food Ventures would do justice to the brand and all its employees who have stuck with us since pre opening” says Abhinav Aggarwal, Director, Yellow Lily Hospitality.
Talking about the acquisition, Vishal Anand,Founder, Moonshine Food Ventures said “We were keen to enter the growing Neighborhood Cafe business & this acquisition marks our entry into the same. While the Covid-19 pandemic has reallyimpacted businesses and economies across the globe, it has also created growth opportunities for the serious players. I am bullish about the Hospitality Industry in the mid to longer term &cafes in particular and brands which are more real, quality oriented and not just optics. It's also the right time to promote great Indian Indigenous Cafes.With this format, we are looking at opening multiple outlets of Café Staywoke & expanding our footprint across geographies”.
The second outlet of Cafe Staywoke is already lined up at Worldmark, one of the finest upcoming Food & Entertainment destination of Gurugram.