- Business
- Intellivate Capital Ventures Limited (INTELLCAP.BO), formerly known as Gourmet Gateway India Limited following a name change in April 2024, operates as a food and beverage company with brands spanning cafe chains, Pan-Asian restaurants, Indian quick-service restaurants and patisseries; its portfolio includes Barista Coffee, Kylin, Wanchai, Drizzle & Dust and Sassy Begum, providing diverse dining experiences across India, Sri Lanka and Maldives. The company, originally incorporated on March 3, 2011, as Intellivate Capital Advisors Limited and focused on SME corporate finance advisory and financial services including capital markets activities, maintains its registered office at 120 SV Road, Andheri West, Mumbai, India, with a corporate office in Gurugram, Haryana. In recent strategic shifts within the last two years, it acquired a 95% stake in Boutonniere Hospitality Private Limited in May 2022 to enter the restaurant sector, took full ownership of NIR Advisors Private Limited as a wholly-owned subsidiary before divesting it in February 2023, and reported consolidated revenue of ₹162.1 crore alongside a pivot to the food business segment as of 2024.