1. If the company is unable to implement its growth strategy successfully including in relation to selecting cities and locations for its new stores / restaurants the company results of operations and financial condition may be adversely affected.
2. The company has not entered into long-term contracts with its customers and typically operate on the basis of purchase orders from its walk-in customers, any loss of customers could adversely impact its revenues and profitability.
3. Deterioration in the performance of, or its relationships with, third-party delivery aggregators, may adversely affect its business, results of operations and financial condition.
4. Its B2B operations are subject to high working capital requirements. The company's inability to maintain an optimal level of working capital required for its business may impact the company operations adversely.
5. Its Promoters and Directors, Srinidhi V Rao, Vandana Srinidhi Rao and Vivek Vijaykumar Sood plays key role in its functioning and the company heavily relies on his knowledge and experience in operating its business and therefore, it is critical for the company's business that its Promoter remain associated with the company. Its success also depends on its key managerial personnel and its ability to attract and retain them. Any loss of the company key person could adversely affect its business, operations and financial condition.
6. Substantial portion of its purchases raw materials has been dependent upon limited number of vendors.
7. Its business requires the company to obtain and renew certain registrations, licenses and permits from government and regulatory authorities and the failure to obtain and renew them in a timely manner may adversely affect its business operations.
8. Because the company operates in a highly competitive industry, its revenues, profits or market share could be harmed if the company is unable to compete effectively.
9. Employee misconduct, errors or fraud could expose it to business risks or losses that could adversely affect its business prospects, results of operations and financial condition.
10. Negative publicity with respect to its services in the public domain or in the industry in which the company operates could adversely affect its business, financial condition and results of operations.