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Company type | Joint-stock company |
---|---|
Industry | Food |
Founded | 2012 in Bangalore, India |
Founder | Sadananda Maiya |
Headquarters | Bangalore , India |
Products | Food and packaged foods |
Owner | Akashika Foods |
Website |
www |
Maiyas Beverages and Foods (or Maiyas) is an Indian packaged food company [1] operating chiefly in Bangalore. [2] [3] [4] [5]
The company was started by Sadananda Maiya in 2012. [1] [6] Sadananda Maiya's father Parampalli Yagnanarayana Maiya started Mavalli Tiffin Room (MTR) in 1924. Sadananda Maiya started MTR Foods in 1976, the packaged foods division of MTR, his second entrepreneurial venture. [1]
Peepul Capital and Ascent Capital held 30 percent stake each in the company, while the Maiya family held the remaining 40. [2] In 2019, the company filed for bankruptcy after defaulting on payments and was taken over by Akashika Foods, a company promoted by Sadananda Maiya. [7] [8]
Maiyas operates a restaurant in Jayanagar, Bangalore. Some of the available dishes are Masala Dosa, Benne Dosa, Kesari bat, Idli, Vada, Bisi Bele Bath, Mosaru Vade, and Sambar Vada. [9]
![]() | |
Company type | Joint-stock company |
---|---|
Industry | Food |
Founded | 2012 in Bangalore, India |
Founder | Sadananda Maiya |
Headquarters | Bangalore , India |
Products | Food and packaged foods |
Owner | Akashika Foods |
Website |
www |
Maiyas Beverages and Foods (or Maiyas) is an Indian packaged food company [1] operating chiefly in Bangalore. [2] [3] [4] [5]
The company was started by Sadananda Maiya in 2012. [1] [6] Sadananda Maiya's father Parampalli Yagnanarayana Maiya started Mavalli Tiffin Room (MTR) in 1924. Sadananda Maiya started MTR Foods in 1976, the packaged foods division of MTR, his second entrepreneurial venture. [1]
Peepul Capital and Ascent Capital held 30 percent stake each in the company, while the Maiya family held the remaining 40. [2] In 2019, the company filed for bankruptcy after defaulting on payments and was taken over by Akashika Foods, a company promoted by Sadananda Maiya. [7] [8]
Maiyas operates a restaurant in Jayanagar, Bangalore. Some of the available dishes are Masala Dosa, Benne Dosa, Kesari bat, Idli, Vada, Bisi Bele Bath, Mosaru Vade, and Sambar Vada. [9]