~ Official beverage partner for India Retail Forum, 2018 ~
Mumbai, August 31, 2018:
The founders of The ThickShake factory, Mr. M. Yeshwanth Nag and Mr. Ashwin Mocherla, were inspired by the global trend of growing appetite for sweet savories and therefore brought the most appealing range of tastiest ‘Thick’ Shakes to India. With the scheduled launch of their outlet on 13th September at Bandra in Mumbai, The ThickShake Factory is aiming at increasing its footprint in the state of Maharashtra in the coming months with a simple concept and built a category around it.
As a precursor to the launch, the company will also be the official beverage partner for India Retail Forum this year, the best place to connect, collaborate and create outstanding concepts. Through this excellent platform, various business organizations will get a chance to collaborate with The ThickShake factory and own a piece of this beverage heaven.
Talking about their venture and being the Official Beverage partners of India Retail Forum, Mr. M. Yeshwanth Nag, Founder of The ThickShake Factory said, “We are happy to be soon entering Mumbai with our 1st outlet in Bandra and are going to expand our business in Mumbai & other cities of Maharashtra as well. Over the years, the brand has steadily grown to close to 90 stores already and is projected to cross the 200 mark by the end of 2019. We are now poised for exponential growth. We are currently present in 20 cities across India and have an outlet in the USA. Our vision is to have 1000+ outlets Pan-India, along with a strong global presence with an objective to generate more job opportunities for the less privileged sections of the society."
Ashwin Mocherla, Co- Founder of The ThickShake Factory added, We are extremely bullish about the market in Maharashtra and want to add 50 stores within the next 1-year and expect to do Rs 50 crores sales in Maharashtra in a year’s time.“As the official beverage partner for India Retail Forum, we aim at expanding our business in the fast-growing market of the retail sector. We believe it is a great opportunity to network and collaborate with other organizations that share the same goal as ours and enable key partnerships.”
About The ThickShake Factory:
The ThickShake Factory is India’s 1st Premium Thick Shake Brand founded in 2013. It has steadily grown to close to 90 stores by July 2018 and projected to be 200 by end of 2019. In terms of revenues, TTSF has been growing 200% year-on-year. The ThickShake Factory is currently present in 20 cities including one in California, USA. TTSF offers not just 50+ types of ‘Thick Shakes’ but a complete range of cold coffee varieties, slushes, chocolate & fruit flavour drinks too.
Since the inception of the brand in 2013, The ThickShake Factory has won several accolades and awards including "Best Desserts, Mouthshut.com, 2014" “Best Beverages, The Times Nightlife Award, 2015, 2018”, “Best Shakes in India, Indian Hospitality Awards, Epicurus Telangana Tourism, 2015, 2016, 2017", “Indian Restaurant Awards 2018”, “Best Business Growth in F&B”, “Best Shakes, Indian Restaurant Congress, 2016”, “Franchisor of the Year, Franchise India, 2016”, “Telangana Brand Leadership Awards, CMO Asia, 2017”, “IMAGES Most Admired Startup of the Year”, “Coca Cola Golden Spoon Awards, 2018” and “Best Beverages, Swiggy Award, 2018” and many more.