Young Turks explores entrepreneurs from F&B space in India

Young Turks dream decade explored young entrepreneurs from the food and beverage (F&B) space in India. Food and Beverage business is a new as well as hot and sizzling sector, not just for venture capitalists and private equity investors, but also for young entrepreneurs.

Entrepreneurs in Indian have found a new secret recipe to make money. The Indian F&B business is worth Rs 33,000 crore and is growing at 25% per annum. Not only the entrepreneurs, but also the venture capitalists and private equity players are cashing in on this opportunity. Investors have a big risk appetite dishing out the mullah for these businesses by finding the right team and replicable chain models. This year in May, ICICI Bank invested about Rs 175 crore in Devyani International that holds franchise rights for brands like Pizza Hut, KFC and the coffee chain Costa Coffee. Venkatesh Iyer of Goli Vada Pav has managed to raise Rs 21 crore from VenturEast and CX Partners have invested Rs 10 crore in GS Bhalla's frozen yogurt brand Cocoberry. Below is the edited transcript. Also watch the accompanying video. Abhimanyu Singh Rana, engineering graduate from IIT Delhi decided to take the Route 04 quite literally along with his business partner Rajiv and turned an entrepreneur in 2008. Rana was inspired by the classic American dining experience. Route 04 serves delicacies like Pizza to Pastas and even breakfast, bakes and beverages all under one roof. Competing with international brands, Rana believes it is the casual yet consistent experience of the place that ensures him repeated customers. Rana told CNBC-TV18, "With the name we used the tagline 'Casual American Dining'. So, it tells you what to expect. The place is casual and you don