Bootstrapped F&B Startup The House of Makeba Scales New Heights with ₹125 Crore in Revenue

Ahmedabad, July 4, 2025 – From a single rooftop outlet on IIM Road in 2018 to one of Gujarat’s fastest-growing vegetarian restaurant chains, The House of Makeba has emerged as a formidable player in India’s F&B startup landscape. Specializing in North Indian and global vegetarian cuisines, the bootstrapped startup has crossed a cumulative revenue milestone of ₹125 crore and now gears up for multi-state expansion.

Built on a foundation of self-funded growth, the company scaled its revenue from ₹1.2 crore in FY 2018–19 to a projected ₹24 crore in FY 2024–25, achieving a 20x jump over six years without external funding.

“Every outlet, every customer, every milestone has been organic—built through belief, discipline, and reinvestment,” said Ram Singhal, Co-Founder, The House of Makeba. “We’ve focused on profitability before every investment step, positioning ourselves as a quality alternative to legacy giants.”

Today, the brand boasts seven thriving outlets across Gujarat, a loyal customer base of over 12 lakh diners, and a repeat visit rate of nearly 33%. Its rooftop dining experience, paired with a region-first culinary approach, has helped it carve a distinct niche in the competitive vegetarian dining segment.

Operating through a hybrid model of company-owned stores and franchise partnerships in cities like Gandhinagar, Vadodara, and Anand, Makeba is now poised to enter five new states—including Indore, Jaipur, Udaipur, Mumbai, and Pune—by 2026.

To support this rollout, the startup has earmarked ₹45 crore in investment by 2028, with ambitions to scale this to ₹60 crore by 2030. Its aggressive growth targets include reaching 20 outlets by 2028 and 25 outlets by 2030, reinforcing its mission to become a premium homegrown contender in India’s vegetarian F&B space.

Submitted by PR Agency

Amit

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