Bonhomia Coffee Maker Aims to Triple its Growth in India
Bonhomia is present in all major cities in the country and their capsules and brewing machines are widely available across all modern trade formats.
SURESH NARASIMHA founded CoCreate Ventures in 2016 to help ventures with funding, execution support, and brand vision. CoCreate Ventures, Bengaluru based firm, funded Bonhomia that provides gourmet coffee and teas and machines across India. Bonhomia was founded by London-based former investment banker Kunal Bhagat and ex-Pepsico executive Tuhin Jain. As part of the transaction, Suresh Narasimha took over the management of Bonhomia. BW Hotelier spoke to Narasimha to more about his plans with the brand and he is making it different for the coffee and tea lovers.
Bonhomia is present in all major cities in the country and their capsules and brewing machines are widely available across all modern trade formats. The company plans to leverage their strong distribution and manufacturing capabilities to grow exponentially in the coming months and gain a larger share of the estimated USD 500 million plus and rapidly growing Indian retail coffee market. “We aim to help Indian coffee and its farmers get better visibility,” says Narasimha.
Bonhomia is an ideal product for five-star hotel rooms, corner offices, small offices and most importantly homes. The company is currently present at various hotel chains such as Hyatt and Ritz Carlton. The capsules—each available for Rs 35-50, in packs of five and 10, retail through Amazon and Snapdeal as well as through retail chains Croma, Godrej Nature’s Basket and Spencer’s Retail, among others. “We are currently focused heavily on digital channels/marketplaces and Horeca segment. We are hoping to triple our growth rate in next one year,” stated Narasimha.
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