Rajat Agrawal, CEO, Barista Coffee Company Limited has been added to the prominent list of ‘BW Retail World 40 under 40’ by BW Businessworld.
He passed out as a Chartered Accountant (CA) from Indian Institute of Chartered Accountants of India in 2005 and with a successful career in financial consulting and extensive industry knowledge across various verticals, Agrawal joined Barista in 2015 as the Vice President of Corporate Finance and Strategy. He soon rose through the ranks and was promoted to COO before being appointed as CEO in early 2022.
Barista Coffee Company has undergone a transformation from a loss-making business to a profitable enterprise thanks to Agrawal’s leadership. The brand has expanded from 150 stores to 350 operating stores and has even entered into new international geographies.
Additionally, new business verticals have been initiated, such as FMCG, Alliances, Franchise, and Vending businesses.
Regardless of the challenges of the pandemic, he managed to grow the business by opening 100 new outlets in the network.
The company’s revenue has crossed over Rs 200 crore and has witnessed a growth rate of 70 per cent compared to previous year. The brand has expanded its international footprint while adding new verticals for business expansion.
Agrawal has successfully managed investor and franchise expectations, created valuable product portfolios, and built a strong merchandise portfolio.
Agrawal’s innovative approach has created a value proposition for consumers, making Barista their preferred go-to place. His achievement in transforming Barista Coffee Company Limited into a profitable enterprise has been recognized by BW Businessworld, further solidifying his position as a prominent figure in the retail industry.