The UK-based casual dining restaurant chain PizzaExpress has kicked off the process of starting its India operation, almost eight months after signing a 50-50 joint venture partnership with Bharti Family Office. As a first step, a chief executive officer (CEO) has been hired for the India business, and the company is learnt to be looking at a year-end launch of the chain. The first few outlets of the PizzaExpress chain are expected to open in metros like Mumbai and Delhi, reports Business Standard.
Ramit Mittal, son of Rakesh Mittal, vice-chairman and managing director of Bharti Enterprises and elder brother of Bharti Group chairman Sunil Mittal, is spearheading the PizzaExpress project from the Bharti Family Office side. Bharti Family Office is an initiative of the promoters of the Bharti group through their personal investments. The Bharti group’s business interest ranges from telecom to media to retail.
Since Ramit Mittal, 33, is already based in Mumbai as co-founder and joint managing director of Bulldog Media and Entertainment, PizzaExpress is likely to have its India headquarters in the same city, people close to the development say.
An official representing the joint venture confirmed that Vivek Mathur, who’s coming from the Godrej group, has been appointed CEO for PizzaExpress India. Over the next two to three months, many more senior and middle-level appointments are slated to take place.
Mathur was executive director and president (marketing, sales and innovation) at Godrej Consumer Products Ltd. Prior to that, he was managing director at Godrej Hershey Ltd and chief operating officer (marketing, sales) at Godrej Sara Lee. He has also worked with Tata Global Beverages Ltd and Hindustan Unilever Ltd.
“The joint venture is making progress as per our plans. We continue to work on developing the brand, business and team in India. However, at this stage, we don’t have anything specific to share,” a company spokesperson was quoted as saying in the report.
Ramit Mittal, son of Rakesh Mittal, vice-chairman and managing director of Bharti Enterprises and elder brother of Bharti Group chairman Sunil Mittal, is spearheading the PizzaExpress project from the Bharti Family Office side. Bharti Family Office is an initiative of the promoters of the Bharti group through their personal investments. The Bharti group’s business interest ranges from telecom to media to retail.
Since Ramit Mittal, 33, is already based in Mumbai as co-founder and joint managing director of Bulldog Media and Entertainment, PizzaExpress is likely to have its India headquarters in the same city, people close to the development say.
An official representing the joint venture confirmed that Vivek Mathur, who’s coming from the Godrej group, has been appointed CEO for PizzaExpress India. Over the next two to three months, many more senior and middle-level appointments are slated to take place.
Mathur was executive director and president (marketing, sales and innovation) at Godrej Consumer Products Ltd. Prior to that, he was managing director at Godrej Hershey Ltd and chief operating officer (marketing, sales) at Godrej Sara Lee. He has also worked with Tata Global Beverages Ltd and Hindustan Unilever Ltd.
“The joint venture is making progress as per our plans. We continue to work on developing the brand, business and team in India. However, at this stage, we don’t have anything specific to share,” a company spokesperson was quoted as saying in the report.
