Brands
Starbucks unveils 50 store in Bengaluru with first drive-thru outlet
MUMBAI: Starbucks marked a significant milestone with the opening of its 50 store in Bengaluru, also unveiling its first drive-thru outlet in South India. The occasion was commemorated with a special event attended by Tata Starbucks CEO Sushant Dash and Swiggy Food Marketplace CEO Rohit Kapoor.
The event highlighted the strength of the long-standing partnership between Starbucks and Swiggy, which began eight years ago with just six stores in Mumbai. Since then, the collaboration has expanded across 70 cities and 350+ stores nationwide, supported by Swiggy’s robust delivery ecosystem.
As part of the celebration, Kapoor joined 50 Swiggy delivery partners on a ride to the new store, capping the journey with a cup of Starbucks coffee. Dash added a personal touch by brewing a signature Americano for Kapoor symbolising their shared passion for quality and consistency.
Tata Starbucks CEO Dash shared, “Our 50 store in Bengaluru and first drive-thru in South India marks an exciting new chapter in our growth journey one rooted in accessibility, innovation, and deep local relevance. At Starbucks, we use the specialty grade Arabica for every cup of coffee, serving the finest quality to every consumer. Swiggy has been a trusted partner in this journey, helping us deliver the Starbucks experience to customers wherever they are. As we expand across India, we remain committed to crafting new moments of connection, whether in-store or delivered to your doorstep.”
Swiggy Food Marketplace CEO Kapoor added, “Starbucks’ 50 store in Bengaluru is not just a milestone for their retail footprint, but also a marker of how far this partnership has come. From just a handful of stores in one city to now serving customers in 70 cities Swiggy has been proud to partner with Starbucks every step of the way. Together, we’ve worked to make high-quality coffee and food experiences more accessible to millions of consumers across the country. As we scale further, we’re excited to keep pushing boundaries and delivering memorable experiences, one order at a time.”
The duo has collaborated on popular campaigns such as ‘Double the Love,’ ‘Friday Frappuccino,’ and ‘Items at 199,’ and co-created the ‘Classics’ menu tailored to Indian palates. This celebration reflects not just a store count but a shared mission to bring premium coffee and food closer to consumers, in-store and at home.
Brands
YES Bank appoints S Anantharaman as chief risk officer
Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender
MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.
Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.
At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.
YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.
