Keventers forays into Goa; plans rapid expansion over the next year

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   Launches 2 outlets in the city and looks to add 11+ outlets by the end of 2019
–    Envisages a 100% growth rate for the coming fiscal year and 100% of this
percentage for 2019-20 by next year and expects to add Rs.25 crores annually from the Goa outlets

 

Goakhabar: Indias iconic dairy brand, Keventers, is all primed to announce
its expansion into the lively and vibrant Goan market. Only recently, Goa witnessed the opening of it’s first Keventers outlet at MG road in Panjim, followed by another one in the Titos Lane in Baga.

With a varied range of unique and delicious flavours available across different
beverage categories including thick shakes, classic shakes, fruity shakes, and hot
beverages, the company is now geared to launch 11+ stores in the city over the next
year and envisages Goa to be a prominent western market for the brand. This will
include a varied mix of locations across the, north like Panjim, Candolim, Calangute,
Vagator, Airport, and in the south – Margao, Vasco, Malls (Cancuna, Mall De Goa),
Porvorim, Colva.  Beyond that, the brand will have shops in shopping complexes,
restaurants etc.

By 2019, Goa will have the fifth largest portfolio for the brand in terms of number of
outlets rivalling only Delhi, Mumbai, Bangalore and Hyderabad. By rapidly expanding
and focusing the company’s efforts in capturing the coastal regions, Keventers is also
eyeing a big chunk of the Goan market and anticipates an overall growth rate of
100% over the next year. With this expansion, the brand also expects the Goan
outlets to add Rs.25 crores annually to the company’s revenue and this will include a
mix of outlets which will be company owned as well as franchised.

Speaking about the expansion, Mr. Sohrab Sitaram, CEO, Director  & Co-Founder,
Keventers said, “We at Keventers are really excited to bring India’s favourite
milkshake to Goa and are extremely optimistic about the response. Goa, has a
unique confluence of heritage, culture and coolness which is definitive of our brand
as well. We are confident that Keventers will carve a niche of its own in the hearts
of Goans as well as the multitude of tourists that the state sees every year.”

Having recently added two new outlets in Goa, Keventers currently has over 240+
outlets in 30+ locations in India across key cities such including Delhi NCR, Mumbai,
Bangalore, Hyderabad, Chennai, Kolkata, Ludhiana, Chandigarh, Chennai amongst
many others. Only last year, the brand also expanded its operations to Dubai &
Nepal. Keventers is also working towards doubling its retail footprint to setup 400+
outlets globally by the end of this current fiscal year. Over the next two years, the
brand also has plans for rapid expansion in key untapped locations across India as
well as the Middle East, the U.S and Africa.

Keventers offers an exciting set of products in its menu including shakes and pre-
packaged food like popcorn, cookies etc. in a varied range of unique and delicious
flavors to enjoy. Customers in Goa will now have an access to the brand’s delicious

offerings including the thick Mint Oreo Crumble, Chocolate Oreo, Tutti-Frutti, Kesar
Badam milkshakes, or indulge in some classic Butterscotch, Strawberry, Cold Coffee
or Mango shakes. Keventers also offers fruity shakes such as Luscious Blueberry,
Alphonso Mango shake and Exotic Strawberry for the fruit lover in you. On the other
hand, the hot beverages menu will be a mix of warm milkshakes (Balmy Banana,
Creamy Chocolate, Soulful Salted Caramel), Tea (Green Tea, Masala Madness),
special hot shakes (Kesar Pista Milk, Kashmiri Kahwa, Chocolate Comfort) and hot
coffee (Espresso, Americano, Café Latte, Cappuccino).

You can now visit Keventers outlets at:

Panjim Address: | Contact No.: Ground Floor, 03, Dattaprasad Building, MG Road,
Ozari, Panaji, Goa 403001 | 085309 25628

Baga Address: | Contact No.: Shop No 2,House No 7, 7C, Titos Ln, Saunta Vaddo,
Baga, Goa 403516 | 070280 82587