Company type | Private |
---|---|
Industry | Quick service Restaurants |
Founded | 2004Mumbai, India | in
Founder |
|
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. [3] It currently operates in over 100 cities with over 300 stores.
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. [4] 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. [5] 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'
A fast-food restaurant, also known as a quick-service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast-food cuisine and has minimal table service. The food served in fast-food restaurants is typically part of a "meat-sweet diet", offered from a limited menu, cooked in bulk in advance and kept hot, finished and packaged to order, and usually available for take away, though seating may be provided. Fast-food restaurants are typically part of a restaurant chain or franchise operation that provides standardized ingredients and/or partially prepared foods and supplies to each restaurant through controlled supply channels. The term "fast food" was recognized in a dictionary by Merriam–Webster in 1951.
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Vada pav, alternatively spelt wada pao, is a vegetarian fast food dish native to the Indian state of Maharashtra. The dish consists of a deep fried potato dumpling placed inside a bread bun (pav) sliced almost in half through the middle. It is generally accompanied with one or more chutneys and a green chili pepper. Although it originated as an affordable street food in Mumbai, it is now served in food stalls and restaurants across India. It is also called Bombay burger in keeping with its origins and its resemblance in physical form to a burger.
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Batata vada is a popular vegetarian fast food dish from the Indian state of Maharashtra. The dish consists of a mashed potato patty coated with chickpea flour, which is then deep-fried and served hot with chutney. The vada is typically around two or three inches in diameter. Across different regions of India, this dish is also known as aloo bonda, aloo vada, batata bonda, potato bonda and potato vada.
Goli may refer to:
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