SBP plans restaurant chain

SB PPattabhi Rama Rao, who built the Cookie Man chain almost from scratch in the Indian subcontinent, is now looking to take a fledgling chain of idli and dosa restaurants national. 

Rao, 40, has bought into ID (standing for idli-dosa), started in 2010 by an arm of Chennai’s prominent theatre chain Sathyam Cinemas. Till January this year, ID ran only one outlet -inside Sathyam Cinemas. Since then, however, six more outlets have been started, two in Coimbatore and four in Chennai. 

The details of how much Rao invested or the equity stake could not be ascertained. 

Full report here Times of India


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