Spice Lounge Targets ₹1,200 Cr

Spice Lounge Food Works has launched its Food Emulsifier and Agro Division, targeting ₹1,200 crore in revenue. The new vertical will tap into restaurants, quick service restaurants (QSR), and live-events businesses, as well as serve hotels, QSR chains, and food processing units as a B2B food emulsifier and ingredient supplier.

The company's supply chain also targets revenue of over ₹1,200 crore. To achieve this, Spice Lounge Food Works is currently working on food emulsifier and agro-chemical partnerships, farm-gate sourcing tie-ups, and processing infrastructure, with plans to scale up processing capacity, onboard B2B and institutional supply, and explore export and global joint-venture partnerships.

In addition to the launch of its Food Emulsifier and Agro Division, Spice Lounge Food Works is also expanding its live entertainment portfolio through Xora World. The events and entertainment vertical has unveiled a four-event portfolio, which includes events in Goa, Tirupati, and Hyderabad, and is expected to generate over ₹20 crore in revenue. This marks Xora World's most ambitious step yet toward a national footprint.

## Why it matters Spice Lounge Food Works is a diversified global hospitality and lifestyle company focused on delivering memorable food, beverage, and experiential experiences across markets. The company's brand ecosystem features international franchise relationships and original concepts, such as Blaze Kebabs, Xora, Salud, Buffalo Wild Wings, and Wing Zone. With the launch of its Food Emulsifier and Agro Division and the expansion of Xora World, Spice Lounge Food Works aims to further establish itself as a major player in the hospitality and lifestyle industry.

The company's expansion plans are significant, given its goal of delivering memorable experiences across markets. With a focus on diversified hospitality and lifestyle portfolio, Spice Lounge Food Works is well-positioned to capitalize on the growing demand for unique experiences in the food, beverage, and entertainment sectors.

## What happens next As Spice Lounge Food Works continues to expand its operations, it will be interesting to see how the company achieves its revenue targets and establishes itself as a major player in the industry. With its focus on delivering memorable experiences and its diversified portfolio of brands, the company is well-positioned for growth and success.