Nikhil Kamath invests in Bengaluru’s Cafe Amudham, rival to Rameshwaram Cafe

Nikhil Kamath has invested between ₹4-5 crore in Cafe Amudham, a South Indian eatery chain in Bengaluru and Delhi, which aims for rapid expansion

Published on: Jul 9, 2025, 15:12:14 IST

By Sanya Jain

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Nikhil Kamath has invested an undisclosed amount in Cafe Amudham – a chain of eateries serving traditional South Indian fare in Bengaluru and Delhi. According to a report in Indian Startup News, the Zerodha billionaire has invested somewhere between ₹4-5 crore in the brand, but the exact amount is not immediately clear.

Nikhil Kamath has invested in Cafe Amudham, a chain of eateries that started in Bengaluru.

HT.com has reached out to Nikhil Kamath for a statement. This copy will be updated on receiving a response.

About Cafe Amudham

Cafe Amudham, led by co-founder and CEO Priyanka Rudrappa, launched in Bengaluru in 2022. Three years later, it operates eight outlets across Delhi and Bengaluru.

The chain of eateries is sometimes pegged as a rival to Bengaluru’s iconic Rameshwaram Cafe. But while the two popular chains may serve similar cuisine, a source told Indian Startup News that they operate very differently. Cafe Amudham is trying to expand quickly across multiple Indian cities, unlike Rameshwaram Cafe.

“Cafe Amudham is more of a QSR game which does what a McDonald’s and similar eating joints do. They open multiple outlets in different cities and expand fast,” the source told ISN.

Nikhil Kamath’s investment in food chains

Interestingly, the topic of Rameshwaram Cafe and the revenue it generates had come up in Nikhil Kamath’s podcast two years ago, when Udaan co-founder Sujeet Kumar spoke about the iconic chain.

Kumar revealed that each Rameshwaram Cafe outlet does business of ₹4.5 crore a month – bringing their monthly earning to more than ₹50 crore. “With decent margins and all?” Kamath had questioned, to which Kumar replied in the affirmative.

Nikhil Kamath has backed food brands in the past well. Notably, he is an investor in Subko Coffee Roaster and Third Wave, as well as the online meat and seafood brand Licious.

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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