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Shilpa and Raj Kundra's latest venture is a food industry major

Updated on: 26 August,2009 09:01 AM IST  | 
Upala KBR |

Last Sunday in London, Shilpa Shetty and her fiance Raj Kundra announced a 33% stake in the V8 Gourmet Group, an international Indian food company that includes The Bombay Bicycle Club Kitchens and Tiffinbites amongst other brands.

Shilpa and Raj Kundra's latest venture is a food industry major

Last Sunday in London, Shilpa Shetty and her fiance Raj Kundra announced a 33% stake in the V8 Gourmet Group, an international Indian food company that includes The Bombay Bicycle Club Kitchens and Tiffinbites amongst other brands.

Says a source close to Shilpa, "Shilpa and Raj have invested 6 million pounds in the group. The money will be used to expand the company's Bombay Bicycle Club Kitchens delivery service. It will also enable the company to expand the Tiffinbites restaurants, concessions and franchises in London and abroad. Plans include opening a casual dining and shopping mall dining formats in Dubai in October this year and in Jordan next year.








It is believed Shilpa will also launch her Gourmet Creations Range of premium authentic gourmet meals, chutneys and pickles. The range will initially be North Indian and will later offer cuisine from southern India (Shilpa's native state is Karnataka).

Genuine passion
Arjun Varma, Managing Director, V8 Gourmet Group says, "Shilpa shares a genuine passion for fine Indian cuisine and is a perfect ambassador for V8 whilst Raj brings a wealth of international business expertise which will help us to achieve our ambitious growth plans in the UK and overseas."u00a0 Raj Kundra is CEO of Trade Essential Dubai an international trading company.

FACT
This year, Raj and Shilpa bought a 12 per cent stake in the IPL cricket team Rajasthan Royals
.

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