Anurag Mehrota, cofounder and Gautam Singh, CTO of Charcoal Biryani speak about how the company wants to be a pan-India provider of biryani. For Gautam Singh and Anurag Mehrota, it’s the lack of a pan-India biryani provider that led to the inception of Charcoal Biryani. This year-old startup recently raised about $150,000 from Lion Ventures, co-owned by Mehrota, and Varun Dua, CEO and Devendra Rane, CTO of Coverfox, a company where Mehrota is a board member.Already having reportedly served over 30,000 customers in Mumbai—of which 40 percent are repeat customers—the company’s core team includes two chefs. One had trained under multi-Michelin starred chef Gordon Ramsay and the other used to work at Oberoi hotels.While Singh is a thorough tech guy, Mehrota is all about finance. Claiming that the startup industry has been taken over by the herd mentality, he says that the size of the market is irrelevant as long as one has something new to bring to the table. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe “The market has become a pioneer of people pleasing. At Charcoal Biryani, we’ve no deals. If you like the biryani, you will order it and if you don’t, we’ll fix what’s wrong with it,” he says. Speaking of dying food tech companies, Mehrota comments on the lack of thought behind the product—food. “Lot of these guys have no background in the food business. At Charcoal Biryani, we don’t say we’re a food-tech company; we’re a food company,” he says.“We are neither a food aggregator nor a delivery service, which is what everyone is trying to be,” Singh said. “People are investing a lot of money in these ventures in the hope that customers will lap it up. But the cost structure behind these kind of startups is way out of park; perhaps irrational funding is making them reckless,” he says. Charcoal Biryani aims to be the Domino’s Pizza of biryani, offering a consistency unavailable for biryani in the current market. Mehrota believes that, in such companies, food should always come first. “To replicate the quality of the food at a very homogenous level is the biggest challenge,” he says.“The market has become a pioneer of people pleasing. At Charcoal Biryani, we’ve no deals. If you like the biryani, you will order it and if you don’t, we’ll fix what’s wrong with it.” —Anurag Mehrota, cofounder, Charcoal BiryaniA client-facing mobile app and a point-of-sale based application along with the necessary back-end applications form the backbone of this company. While there is a lot of critical data to manage the operations, Mehrota stresses upon how the company’s tech is only as strong as the biryani. “We’ve a website and an app and these are just channels for the customer to choose how he wants to reach out to us,” he says.Mehrota believes that the herd mentality and the urgency to sign deals without caution is going to stop very soon. In the future, the team is looking forward to achieving more market penetration and possible expansion.Where we have the likes of Domino’s for pizzas, McDonald’s for burgers and Baskin Robbins for ice cream, can we really have a Charcoal Biryani as the go-to place for biryani? Related content feature The dark arts of digital transformation — and how to master them Sometimes IT leaders need a little magic to push digital initiatives forward. Here are five ways to make transformation obstacles disappear. By Dan Tynan Oct 02, 2023 11 mins Business IT Alignment Business IT Alignment Business IT Alignment feature What is a project management office (PMO)? The key to standardizing project success The ever-increasing pace of change has upped the pressure on companies to deliver new products, services, and capabilities. And they’re relying on PMOs to ensure that work gets done consistently, efficiently, and in line with business objective By Mary K. Pratt Oct 02, 2023 8 mins Digital Transformation Project Management Tools IT Leadership opinion The changing face of cybersecurity threats in 2023 Cybersecurity has always been a cat-and-mouse game, but the mice keep getting bigger and are becoming increasingly harder to hunt. By Dipti Parmar Sep 29, 2023 8 mins Cybercrime Security brandpost Should finance organizations bank on Generative AI? Finance and banking organizations are looking at generative AI to support employees and customers across a range of text and numerically-based use cases. By Jay Limbasiya, Global AI, Analytics, & Data Management Business Development, Unstructured Data Solutions, Dell Technologies Sep 29, 2023 5 mins Artificial Intelligence Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe