Gurgaon based The House Party by Savar founded by couple Savar and Tanisha Malhotra, offers creative catering service with a huge 750-item customisable menu focusing on sustainability.

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With their high-end catering services, they came into the market with the goal of enhancing home parties, enabling clients to arrange hassle-free, restaurant-caliber meals at home.

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Savar started the brand in 2022 with the aim of making exclusive gourmet spreads accessible and affordable for all, even if one is entertaining a small group of up to 200 people.

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Currently operating in Delhi NCR, Savar wants to make THP a national brand for catering. The House Party is soon to start operating in Mumbai and Hyderabad.

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Sales Highlights for the last 2 years: FY 22-23 – Rs 1.23 crores. FY 23-24 – Rs 3.68 Crores. FY 24-25 ( till oct) – Rs 3.6 crores. FY 24- 25 projected sales – Rs 6.5 crores.

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FY 26-27 projection: Parties – 5000. Net margin – 30%. EBITDA margin – 30%.

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Founders made their pitch and disclosed that they were looking for ₹1 crore for 5% of their company.

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Ritesh Agarwal took the initiative and finalized the agreement by offering ₹50 lakh in debt at 8% interest for three years, along with ₹50 lakh in equity at 5%.

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The deal was enthusiastically embraced by the founders, who saw it as a major turning point for their company.

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