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Bangalore Blues Entertainment Pvt Ltd is a Bengaluru-based bar and restaurant that was started by Mr. Srikanta Upadhyay & Mrs. Vandana Upadhyay. The company has been associated with Pine Labs since 2013 and procures all its POS machines from Pine Labs. It is focusing on business growth and expansion.
The Founders of Bangalore Blues Entertainment Pvt Ltd had aggressive expansion plans. They intended to open restaurants in key cities, every 8-15 months, over the next 5 years. Additionally, they wanted to generate employment for 1500+ people at their restaurants by 2025. The Founders were committed to make Bangalore Blues Entertainment Pvt Ltd as the Number One bar and restaurant in each of the cities where it would be present. The expansion plan needed huge amounts of investment. The lack of available capital was a roadblock to the growth plans of the company.
Bangalore Blues Entertainment Pvt Ltd
Pine Labs helped the company meet its capital requirements by offering working capital loan to them, at competitive interest rates. The Pine Labs Capital team understood the requirements of the company and enabled quick disbursal of business loan to the company, so they can go ahead with their growth plans.
Pine Labs Capital offers easy and flexible loans to help businesses grow. It helps merchants to maximize liquidity through innovative and flexible capital solutions. The business loans can be availed for a tenure of 3 months to 2 years.
"We have been associated with Pine Labs since 2013 and it has been a great journey. Pine Labs team has extended support to us, as required. Pine Labs Capital enabled quick business loan that has helped us continue with our expansion plans. We value our association with Pine Labs."
Bangalore Blues Entertainment Pvt Ltd has been able to go ahead with its expansion plans, as its capital requirements have been addressed by Pine Labs Capital.