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Franchise 2018-08-07

FranGlobal launches Dipsidoo in India, to open 250 stores in the next 10 years

The group plans to launch store in three major store modes like Sit in Large Store Model, Express Store and Kiosk Model.

By Deputy Features Editor
FranGlobal launches Dipsidoo in India, to open 250 stores in the next 10 years

Franchise India's International Arm FranGlobal brings Canada’s most popular brand ‘Dipsidoo’ in India. Dipsidoo is a Dessert Café servingrich and tasty delectable cuisine like Super Milkshakes, Cloud Cones, Churros, Crepes, sundae, funnel cakes, smoothies, bubble waffle sticks Pops accompanied with Frozen Yogurt that adds for a unique signature treat.

FranGlobal, which has the master franchise right for the brand in India plans to launch 250 outlets PAN India in three major store modes like Sit in Large Store Model, Express Store and Kiosk Model.

Tariq Ahmed, CEO, Dipsidoo said, “After successfully catering delightful experience to the customers in North America, we are very elated to bring our unique taste of innovative Dessert Bar tolocal epicureans. Our menu ranges from mouthwatering assortments of Super Milkshakes, Cloud Cones, Churros, Crepes, Unicorn Sundae, Funnel Cakes, Smoothies, Bubble Waffle Sticks Pops accompanied with our Frozen Yogurtand other cool drinks. The food industry in India has been thriving in the current times, owing to the increasing disposable earnings of the middle class, growing young population, working women and their chaotic schedules. Evolution in Food and Beverage industry in India will provide great business expansion for our brand.”

Venus Barak, CEO, FranGlobal said,“We are ecstatic to welcome this exciting new venture – Dipsidoo in India.  The market value is estimated to gradually increase through the years, reaching about over 40 billion Indian rupees in 2020.   There is a pool of opportunities to delve into for elevating food & beverage business and staying on top with changing customer needs. Today’s consumer looks for relevance in a brand and is highly conscious buyers and dessert is considered to be the hottest and the most attractive snack. We plan to launch 250 outlets at PAN India level in three major store modes like Sit in Large Store Model, Express Store and Kiosk Model. We are looking for a total investment of 200 to 250 Crores in the next 10 years.The foray of Indian restaurants into a variety of global cuisines is having a positive impact on the F&B sector. Customers are more willing to experiment with different cuisines because it is now easily accessible in the cities they live in, and this trend could also increase Indian consumers’ frequency of eating out.”

Gaurav Marya, Chairman, Franchise India said, “We are happy to welcome Canada’s favorite brand ‘Dipsidoo’ in India.  The Indian Food and Beverage (F&B) service Industry is one of the most vibrant industries that has seen unprecedented growth in the recent past and continues to expand rapidly.This has attributed to the changing demographics, upsurge in disposable incomes, urbanisation and growth of organised retail. The F&B sector has evolved over the past decade, giving rise to exciting new concepts in food and beverage offerings and new and innovative service elements.Consumers are now spending as high as 51% of their income on food products. Consumers are opting for healthy options at the supermarket as well. The foray of Indian restaurants into a variety of global cuisines is having a positive impact on the F&B sector”

 

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