Barista (company)

Barista espresso bar
Public
Industry Espresso bars
Founded 2000
Founders Pratha Duttagupta
(CEO)
Ravi Deol
(Managing Director)
Brotin Banerjee
(COO)
Headquarters 83A, Central Avenue, Sainik Farm, New Delhi, India
Area served
 India, Nepal, Sri Lanka and Maldives[1]
Products
Coffee • Tea • Desserts • Frappuccino beverages • Smoothies
Total assets Increase US$ 1 billion
Website barista.co.in
The Barista espresso bar in Colaba, Mumbai, India

Barista is an Indian chain of espresso bars that operates in South Asia. Established in February 2000[2] under the name Barista, it was taken over by Lavazza in 2007[3] and sold to Carnation Hospitality Pvt. Ltd. (a subsidiary of Rollatainers, part of the Amtek Group) in 2014.[4]

History

Headquartered in New Delhi,[5] Barista currently has espresso bars across India,[1] Sri Lanka,[1] Nepal[6] and Maldives[1]

It was established in February 2000 by the Barista Coffee Company Limited.

A 34.3% equity stake was sold to Tata Coffee in 2001[7] and C Sivasankaran bought the remaining 65 per cent in Barista from the Amit Judge-controlled Turner Morrison in 2004, and his Sterling Group also bought out Tata Coffee's stake later.

In 2007, the Sterling Group sold Barista to Lavazza.[8][9]

The coffee is supplied by the Indian roaster Fresh and Honest, headquartered in Chennai, which is also owned by Lavazza.

As of 2009, the chain has 200 stores in India, with an estimated annual revenue of ₹2 billion.[10]

In 2014, Lavazza sold the coffee shop chain to Carnation Hospitality Pvt. Ltd. for an undisclosed sum.[11]

Competitors

  • Cafe Coffee Day – As of 2011, out of 1400 coffee shop retail outlets registered in India, 1016[12] belong to Cafe Coffee Day (CCD). To increase CCD's market presence in India and abroad, Coffee Day Holdings, the parent company of CCD, has secured investments totalling million[12] from UK based firm Standard Chartered Private Equity Limited and US based private equity and venture capital firm New Silk Route Partners. CCD is expanding their market reach through brand extension[9] by launching mineral water, cookies, and chips under their brand name. Barista has added a variety of cookies, chocolates and ice creams to their offerings under the same principle. While CCD's competitors like Barista Lavazza and Costa Coffee focus on the top 20 percent of the Indian consumers, who are able to afford over per espressso drink, CCD caters to all except the lowest 25 percent.
  • Costa Coffee – Despite Costa Coffee having only 40 outlets[13] operational across the country as of 2010, Barista Lavazza is facing stiff competition from Costa Coffee. Costa Coffee is an urban chain and location plays a crucial role in its business plan. Although it made a few mistakes such as replicating the UK model in India and opening stores at expensive locations when it came to India in 2005, it has managed to bounce back. Their most profitable venture is from off premises business wherein they set up kiosks at marriages, seminars, and meetings. In the last quarter of 2009, Costa saw a profitable 24 percent growth.[13]

Associations

  • LiveMedia and Barista Coffee Company have a strategic alliance, where 200 Barista Lavazza outlets across the country will have LiveMedia screens on their premises.[14]
  • Barista Lavazza has a tie-up with Visa to allow withdrawal of cash up to ₹1000 daily in all its outlets without any charges levied on the cardholders or any obligation to purchase. As part of this association, Barista Lavazza also offers 30% discounts on customised meal deals on all Visa debit card transactions.[15]
  • ABN AMRO and Barista Coffee Company have jointly launched a credit card, "ABN AMRO Barista Credit Card", by which customers can avail discounts at its outlets.[16]
  • Barista Lavazza has formed an association with Mattel Toys (India) Private Limited for the launch of the first edition of Barista Lavazza Cafe Scrabble 2010.

Bean-o-holic

Barista is the first coffee retailer in India to start a loyalty programme, Bean-o-holic,[17] to attract and retain customers.

See also

References

  1. 1 2 3 4 "About Us" at the Barista official website. Retrieved 20 June 2018.
  2. ↑ "Barista completes brand integration with Lavazza". Business Standard. 10 June 2009. Retrieved 17 April 2012.
  3. ↑ Kassai, Lucia (13 March 2012). "Coffee Buffs From Amazon to Rio Poise Brazil to Top U.S." Bloomberg Businessweek. BLOOMBERG L.P. Archived from the original (Web page) on 31 December 2012. Retrieved 19 March 2012.
  4. ↑ "Lavazza sells Barista, exits coffee-shop business in India." The Hindu Business Line. 12 August 2014. Retrieved 20 June 2018.
  5. ↑ "Contact Us". Barista. Archived from the original on 27 April 2012. Retrieved 17 April 2012.
  6. ↑ "Barista Lavazza coffee comes to Nepal". Archived from the original on 26 April 2014.
  7. ↑ "Tata Coffee joins hands with Barista". The Hindu. Chennai, India. 9 February 2011. Retrieved 1 September 2008.
  8. ↑ Datta, Kausik (9 March 2007). "Italy's Lavazza to buy Barista". Rediff India Abroad. Retrieved 17 April 2012.
  9. 1 2 Dhall, Aman (7 October 2007). "Coffee majors adopt brand extension". The Economic Times. Retrieved 1 September 2008.
  10. ↑ Chatterjee, Kakoly (6 November 2009). "Barista to expand with 25 more outlets". Financial Express. Retrieved 8 November 2009.
  11. ↑ "Lavazza to Exit Coffee Shop Business in India with Barista Sale". NDTV. 12 August 2014. Retrieved 12 August 2014.
  12. 1 2 Shi, Jane (6 April 2011). "Starbucks, Café Coffee Day Favorites to Conquer India's Emerging Coffee Market". 2point6billion.com. Retrieved 6 April 2011.
  13. 1 2 Priyanka Dasgupta Brahma (10 January 2010). "Costa Coffee rejigs India strategy". Financial Chronicle. Archived from the original on 16 September 2011. Retrieved 10 August 2011.
  14. ↑ "LiveMedia ties up with Barista Lavazza for branded digital content display". Indiantelevision.com. 27 July 2010. Retrieved 17 April 2012.
  15. ↑ "Now, withdraw cash at Barista Lavazza". Express India. 9 June 2011. Archived from the original on 14 October 2012. Retrieved 9 August 2011.
  16. ↑ "ABN AMRO-Barista Coffee launch credit card". The Economic Times. 11 March 2006. Retrieved 11 March 2006.
  17. ↑ "Barista to focus on customer acquisition with 'Bean-o-holic'". The Economic Times. 13 February 2011. Retrieved 13 February 2011.
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