Strong Market Presence: Twekesbury operates 36 internet restaurants and 7 cloud kitchens across multiple cities, establishing a strong presence in the online food delivery market.
Entry into B2B segment: Twekesbury's new B2B venture with Reso Foods & Solutions shows its commitment to meeting commercial food industry needs. Reso Foods offers tailored solutions for businesses like restaurants, cloud kitchens, and caterers, with bulk orders of gravies, purees, and premixes. This move taps into a profitable market, ensuring lasting success and revenue growth.
Projections & Margins: Twekesbury anticipates a significant increase in yearly revenue following its strategic transition towards the B2B sector. This move is backed by the promising EBITDA margins of around 40-45% within the B2B segment, indicating robust profitability and financial strength.
Hub and Spoke Model: Company has developed an innovative hub and spoke approach which ensures daily or two-day food distribution from the central kitchen to upfront kitchens (spokes), preserving high quality, freshness, and taste using cold chain technology.
Asset-Lite Model: Embracing an asset-lite approach means the company can expand its brand portfolio without the burden of additional capital investment. This financial agility empowers it to innovate, adapt, and thrive in a dynamic market landscape.
Financials: With an average MRR (monthly recurring revenue) INR 52 lakhs and over 12,000 transactions+ per month, Twekesbury's internet restaurants demonstrate strong financial performance and customer demand.
Archit Gupta is the Cofounder and COO of Twekesbury. He has an MBA from Cardiff Business School, and previously served as the Operations and Planning Head at Memory Lane, a hospitality company, from 2014 to 2016.
Suyash Gupta is the co-founder and CEO of Twekesbury Hospitality Private Limited, a cloud kitchen operator based in India. Gupta holds an MBA from Cardiff Business School in the UK, where he was also a project head for Finsbury food from 2014 to 2016.