"2014-2015 has been a great year for the F&B industry with a number of home grown and international new restaurant chains setting up shop and expanding rapidly. The opportunity is big and the world is acknowledging the same by pouring capital into India."

Mr. Ashish Saxena is currently leading investments of TVS Capital in the F&B space. He is the CEO for TexMex Cuisine which own and operates Chili’s American Grill & Bar in West and South India. The Chili’s business has grown 3 fold in sales over the past two years through a mix of strong same store growth and opening of 3 new stores. He is also actively supporting TVS Capital for opportunities to invest further in this sector.

Prior to joining TVS, Mr. Saxena was running a $250 million retail edible oils and fats business as part of Bunge India and was also head of strategy and M&A for Bunge in India. Mr. Saxena also worked for 5 years with Accenture as part of strategy consulting division advising clients across industries on M&A, growth strategies and cost optimisation.