The Franchising World - May 2024

In this issue

In our 25th annual anniversary edition, we have walked the extra mile to bring Top 100 Franchise brands for the year 2024 which are further categorised under the labels - Established, Emerging, Debutant & International. There is also an emerging opportunity for knowledge-led franchise models ranging from Business coaching to relationship coaching, personal growth coaching to children coaching - it has given birth to solopreneurship, unlike any other opportunity. Professionals with experience in managing organizations and teams. Our study and scrutiny has led us to observe and analyse many trends that have come to the fore. The rise of quick commerce in the country has been exponential. The Food service industry along with the retail sector still occupies the plum position in franchising, generating maximum franchise opportunities while the hospitality sector, Jewellery retail, and the EV market are emerging on the horizon, all set to expand to their true potential in the coming years

$401 million investment surge in the hospitality sector during FY23 : JLL

There is an increasing interest in hotel development activity in Tier-2 cities, with 54% of the total signings taking place in these locations.

2 mins

BABYSTEPS TO SUCCESS

Minimee extends beyond being a mere retailer to becoming an omnichannel brand, engaging customers across various touchpoints. Aiming to expand their presence nationwide, catering not only to new and expectant mothers but also to children up to 10 years old. The brand further plans to diversify into soft play, stationary, and educational ventures, adapting to evolving business dynamics. In a candid conversation Pratima, Founder, Minimee talks about brand's USP & expansion plans.

2 mins

LIGHTHOUSE LEARNING PLANS AMBITIOUS EXPANSION, MAKING IT TO 3200 IN NEXT THREE YEARS

Lighthouse Learning Pvt Ltd, formerly EuroKids International Ltd, demonstrates resilience and growth, expanding its network of pre-schools and K-12 schools. In FY2023, it added 450 franchise preschools, bringing the total count to approximately 1,600 Eurokids franchisees and 35 Kangaroo Kids franchisees pan India. Prajodh Rajan, Co-founder & Group CEO, Lighthouse Learning Pvt Ltd discusses the brand's strategies and expansion plans with Beny Sachdeva

2 mins

FRONTRUNNERS IN FRANCHISING

Entering its 25th edition, the prestigious Top 100 franchise list celebrates the most outstanding opportunities in India's franchising landscape. Distinguished by its comprehensive methodology, Franchise 100 stands as the nation's sole franchise listing that assesses businesses across diverse dimensions. These top brands are classified into four categories: Established, Emerging, Debutant, and International.

5 mins

RISING WOMEN POWER IN BOOMING PRE-SCHOOL INDUSTRY

The hand that rocks the cradle, rules the world! Nonetheless a world that itself is expanding rapidly. Welcome to the flourishing pre-school industry in India and the rising stake of women in its expanding universe.

4 mins

How CSR can elevate Restaurant Industry further Impacting the society

The food and beverage (F&B) industry is among the world's fastest-expanding service sectors, boasting an impressive annual growth rate of 7.2 percent. The food service market in India was estimated to be about 70 billion US dollars in 2023. It is estimated to increase to 125 billion U.S dollars in 2029 as reported by Statista. With the aim of maximizing profits, restaurants and F&B brands worldwide are continually striving for financial success. Beyond the pursuit of profitability, these businesses bear a significant responsibility towards societal well-being, known as Corporate Social Responsibility (CSR). CSR emphasizes the importance of businesses contributing to societal benefit through responsible practices and initiatives.

3 mins

HI-TECH APPROACH TO ETHNIC WEAR BIZ

Abhishek Agarwal, a Lucknow-based businessman in the garment industry had been looking to establish a strong foothold in the wedding apparel market. His search finally ended when he signed the dotted line with Manyavar & Mohey. Read on to know why he zeroed down on this particular brand and how has his journey been so far as a multi-unit franchisee, as he gets into a candid chat with Parina Sood.

1 min

GAME, SET, WIN: WELCOME TO THE BUSINESS OF PICKLEBALL

The interesting new sport of Pickleball is gaining popularity in the country. Here's your chance to know how can you win big by associating with the biggest brand in the business, Pickleball Kingdom, as Ace Rodrigues, Founder & CEO, Pickleball Kingdom gets into a candid chat with Parina Sood.

2 mins

A YUMMY BOX OF BIZ OPPORTUNITIES

Noodle Box was born 28 years ago after two young Aussies discovered a cultural melting-pot of flavours in the hawker food markets of SouthEast Asia. It opened its first restaurant in Melbourne. Read how the brand has grown from strength to strength since then as Sean O'Connor, Network Development Manager, gives a sneak peak inside 'Noodle Box' to Parina Sood.

2 mins

HOW DAVID BEATS OUT GOLIATH

Can mom-and-pop shops truly compete against big-box behemoths and e-commerce giants? Yes, experts say-but they have to think and act truly local.

2 mins

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The Franchising World Magazine Description:

The Franchising World, India's most comprehensive and leading end-to-end business and franchise magazine, has become a benchmark in its 14th year of existence. Since its inception in 1999, this monthly publication has become an essential success tool for the investing community. The magazine is a platform where you will find information of companies looking for partners in various categories of business. There are articles which guide you on how to start and run a business with latest updates in the franchise industries.