Ending Soon! Save 33% on All Access

Actor Bhumi Pednekar Invests In Chrome Asia Hospitality's First Boutique Hotel In Goa Bollywood actor Bhumi Pednekar has joined hands with Mumbai based Chrome Asia Hospitality to invest in the group's first boutique hotel in Goa.

By Kabir Singh Bhandari

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Bhumi Pednekar (in white) with the founders of Chrome Asia Hospitality

Bollywood actor Bhumi Pednekar has joined hands with Mumbai based Chrome Asia Hospitality to invest in the group's first boutique hotel in Goa. Founded by Pawan Shahri, Dhaval Udeshi and Nikita Shahri, Chrome Hospitality has established a strong foothold in Mumbai's all day casual-dining space. The brand scaled exponentially in 2022 and went on to develop 1,00,000 sq ft of hospitality space in India and launched five new restaurants in Mumbai under the Chrome Hospitality umbrella.

With KAIA, Chrome Asia Hospitality will embark on a new journey in the hotel space. Aligned with Bhumi's ethos of slow living, KAIA by Chrome is specially curated for the traveller who seeks ultimate relaxation and is built on the philosophy of slow living. Commenting on the investment, Bhumi Pednekar, said, "As an actor, I have always sought to explore new avenues, even beyond the silver screen. I strongly believe in the power of investments. I place my faith in investing in spaces that create meaningful experiences and KAIA has the power to do just that. Investing in KAIA is a venture that not only aligns with my passion for living life to the fullest, creating unforgettable experiences but also reflects my commitment for responsible hospitality and philosophy of slow living. With this investment, we aspire to curate a haven that combines luxury, comfort, warmth and cultural immersion. This venture represents my belief in the transformative power of responsible hospitality, where every stay becomes an opportunity for personal growth and meaningful connections."

Adding on, Pawan Shahri, Co-founder, Chrome Asia Hospitality, said in a joint statement, "We at Chrome Asia Hospitality are thrilled as we hit two major milestones - one being that of venturing into the boutique hotels space and the second of having Bhumi on board as our investor and supporter for our latest venture- KAIA. This endeavor marks the beginning of an exciting chapter, brimming with opportunities to deliver unparalleled experiences to everyone. With Bhumi's passion for exceptional experiences and our commitment to deliver novel concepts across formats, we are confident of scaling brand KAIA across destinations. We're just getting started and we can't wait to unveil KAIA, Goa in all its glory."

Earlier this year, Chrome announced expansion with a vision to add five new brands across fine dining formats while further strengthening the presence of the existing brands. After launching some of the most sought-after dining destinations in Mumbai, Chrome has reported a profitable journey so far, showing valuable growth to 3X. Growing strength to strength, Chrome Hospitality also plans to focus and lay emphasis on establishing new benchmarks in the hospitality space.

Kabir Singh Bhandari

Former Senior Assistant Editor

Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.