Bengaluru man quit Oracle job to start The Falooda Shop, reveals cost of first outlet

Pradeep Kannan quit his job at Oracle India in 2019 to launch The Falooda Shop. He has now revealed the cost of opening the chain's first Bengaluru outlet.

Updated on: Feb 12, 2026 11:47 AM IST

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The owner of a popular ice cream chain has revealed how much it cost him to open his first outlet in Bengaluru. Pradeep Kannan quit his stable and well-paying job at Oracle India in 2019 to launch The Falooda Shop. In six years, the small ice shop shop has grown to well-known chain with 18 outlets across India and Dubai.

In 2019, Pradeep Kannan quit his corporate job to launch The Falooda Shop. (X/@Pradeepkannanj)

In a post shared on the social media platform X, Kannan revealed how much it cost to open the first outlet of The Falooda Shop in Bengaluru.

A breakdown of the cost

The NIFT graduate revealed that setting up the first Bengaluru outlet required an investment of around ₹22 lakh, which included a rental deposit of ₹2.4 lakh, licences and registrations costing ₹60,000, and basic equipment worth ₹2 lakh.

A further ₹10 lakh was spent on furniture and interiors. He also invested ₹3.2 lakh in initial raw materials and packaging, ₹80,000 towards staff salaries for the first month, and ₹1 lakh on branding and the launch.

Kannan said he maintained a working capital buffer of ₹2 lakh instead of the initially planned ₹3 lakh.

Altogether, it cost him roughly ₹22 lakh to open an outlet in Bengaluru. “You don't need fancy interiors. You need repeat customers,” wrote Kannan.

Quitting Oracle job

In a post shared last year, Pradeep Kannan had confessed that people laughed at him for quitting his job at Oracle to open an ice cream shop. However, his entrepreneurial venture has paid rich dividends.

“People laughed at me for leaving my job. I had the perfect 9-to-5 — I was the Operations Head at Oracle India, earning a good salary and enjoying a beautiful family life,” Kannan said in his post.

“Society said I was settled. But something inside me wasn’t satisfied. So, in 2019, I did the unthinkable: I left Bangalore and moved back to Karur, a small town in Tamil Nadu, to sell Falooda ice cream,” he added.

(Also read: Techie quits Oracle in Bengaluru to sell Falooda, builds 18-outlet ice cream brand across India and Dubai)

ABOUT THE AUTHOR
Sanya Jain
Sanya Jain is an Assistant Editor with Hindustan Times Digital. She has nearly a decade of experience in covering offbeat stories that speak to the everyday experience - from viral videos to human interest copies that spark conversation. Her interests stretch across business, pop culture, social media trends, entertainment and global affairs. Before joining Hindustan Times, Sanya spent two years with Moneycontrol and five years with NDTV. She holds an undergraduate degree in English literature from St Stephen’s College, Delhi, and a master’s in journalism from the Xavier Institute of Communications, Mumbai. Sanya has a sharp eye for spotting emerging trends and looking for newsworthy angles to elevate viral posts into meaningful narratives. She was the first one, for example, to cover Narayana Murthy’s remark on 70-hour work weeks that sparked a national conversation. She is equally at ease writing about business leaders as about the common man, about issues of national importance and memes that amuse social media. Sanya enjoys speaking with content creators, newsmakers and entrepreneurs to transform everyday moments into engaging, slice-of-life stories that resonate with readers. When she is not working, Sanya can be found curled up with a good book. Born and raised in Lucknow, she has spent the last several years in Delhi. She is deeply interested in animal welfare and now spends a lot of her time running after her destructive orange cat.Read More

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