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Shilpa Shetty Kundra buys 50% in Bastian Hospitality

Last year, she also invested around $250,000 (Rs 1.6 crore) in Delhi-based mom and baby care consumer startup Mamaearth.

, ET Bureau|
Last Updated: Mar 09, 2019, 07.46 AM IST
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Kundra made the investment through her new company SSK Yog, which also owns 70% in SSK Osmosis, which is soon going to launch her fitness app.
Shilpa Shetty Kundra, former Bollywood actress, celebrity judge and yoga expert, has acquired 50% stake in hotelier Ranjeet Bindra-owned Bastian Hospitality (earlier Aallia Hospitality). Kundra is expected to invest between `10-15 crore for the stake and further expansion.

Kundra made the investment through her new company SSK Yog, which also owns 70% in SSK Osmosis, which is soon going to launch her fitness app, and a 50% stake in Goan restaurant and lounge bar, Chronicle Experience.

Last year, she also invested around $250,000 (Rs 1.6 crore) in Delhi-based mom and baby care consumer startup Mamaearth.

Bastian Hospitality will house Bastian and One Street restaurants as well as meal plan service Whole and Then Some. The three hospitality brands will be run by chef Kelvin Cheung, F&B director of Bastian Hospitality. “Bastian has always been one of my favourite restaurants. I believe that we are what we eat, which is why this venture is even more exciting. Plans to expand the brand across domestic and international markets are also in the works,” she said.

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