With a master franchise agreement with Uno Restaurant Holdings Corporation from Massachusetts, Parthiv Neotia, scion of the Kolkata-based Ambuja Neotia Group, is enriching India’s dining experience with new tastes and concepts. In conversation with MARWAR, the 23-year-old, who has taken charge of the group’s hospitality business, talks about India’s F&B sector, his plans for Uno and more.
AS SCION OF THE AMBUJA NEOTIA Group, Parthiv Neotia, son of group chairman Harshavardhan Neotia, belongs to a business house that traces its genesis to the legendary firm Tarachand Ghanshyamdas. A humongous business establishment, Tarachand Ghanshyamdas was among the oldest Marwari firms in India, whose presence stretched as far as Shanghai and whose interests ranged from banking and insurance to wholesale trade and commodity futures.
A student of La Martiniere for Boys, Kolkata, after his school, Parthiv Neotia moved to the USA to pursue higher education. When he returned to India last year after graduating in Entrepreneurship & Economics from Babson College, USA, it came as no surprise to know that he would be joining the family business. However, not many perhaps had expected him to take a keen interest in the group’s hospitality business. “After returning home last year, I became actively involved in expanding and strengthening the Ambuja Neotia Group’s hospitality businesses,” says Parthiv Neotia. But that’s not all! He is also passionately involved in Neotec Hub, a group company exclusively designed to accelerate and incubate start-ups.
Master franchise agreement with Uno
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July - August 2019