- March 5, 2019 / 2 min readPresently, the Mexican fast-casual restaurant chain has 31 restaurants across Bengaluru and Delhi/NCR.
As part of its expansion plans in India, California Burrito is planning to launch 15 restaurants across the country by the end of 2019. Presently, the Mexican fast-casual restaurant chain has 31 restaurants across Bengaluru and Delhi/NCR.
Dharam Khalsa, Co-founder and Director, California Burrito, said, “We plan to add 15 restaurants in Delhi/NCR and Bengaluru by the end of the year as part of our expansion plans across India.”
California Burrito also has a central kitchen in Bengaluru. It is further eyeing to open one in Gurgugram. The company began its operations in India in October 2012.
"The expansion will be funded through internal accruals, money left from our earlier funding round from SNAM Group of companies, and we are also taking some debt for this," Khalsa further stated.
Ajay Kaul, the former CEO of Jubilant FoodWorks, who is a strategic advisor to California Burrito, said, "As we rise in our economic portfolio, it will lead to discretionary consumption in next 5 to 7 years. This will result in a big growth for restaurants such as California Burrito going forward. Moreover, as founders of this company are running operations frugally and the firm is profitable, it has huge growth potential."
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