Meet the Office Employee Who HyperScaled the ‘Desi Chinese’ Code… from Marketing Agency to Rs 5,100 Crore Tata Acquisition!
Ajay Gupta’s extraordinary journey from a regular office employee to building one of India’s most beloved food brands ๐๐ต๐ถ๐ป๐ดโ๐ ๐ฆ๐ฒ๐ฐ๐ฟ๐ฒ๐ begins in the mid-1990s, when he was working as an advisor and later running a marketing agency, dreaming of something bigger.
Chinese food was gaining popularity across India, but there was a glaring gap โ Indian households wanted to recreate these flavors at home. Gupta noticed that Indian women preferred cooking at home rather than dining out, and realized he could tap into this massive untapped market.
In 1996, Gupta took the entrepreneurial leap and established Capital Foods with Ching’s Secret. The brand initially offered three Chinese sauces – Soy Sauce, Green Chilli Sauce, and Red Chilli Sauce, followed by Hakka Noodles.
This wasn’t just about products โ it was about creating an entirely new category: “Desi Chinese.”
๐ง๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ถ๐ป๐ด ๐ ๐ฎ๐๐๐ฒ๐ฟ๐๐๐ฟ๐ผ๐ธ๐ฒ ๐ง๐ต๐ฎ๐ ๐๐ต๐ฎ๐ป๐ด๐ฒ๐ฑ ๐๐๐ฒ๐ฟ๐๐๐ต๐ถ๐ป๐ด
Gupta’s genius marketing strategy included giving away free samples at roadside food stalls โ a grassroots approach that paid off tremendously. As demand grew, he established a factory in Nashik and made Bollywood actor Ranveer Singh the brand ambassador.
The company systematically expanded its portfolio, introducing Hakka Noodles (1998), Tomato Ketchup (2007), Instant Noodles (2008), and the game-changing Schezwan Chutney (2013), which became the company’s most popular product.
๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐๐ฟ๐ผ๐๐๐ต ๐ฎ๐ป๐ฑ ๐๐ต๐ฒ ๐จ๐น๐๐ถ๐บ๐ฎ๐๐ฒ ๐๐
๐ถ๐
In 2004, Gupta partnered with Big Bazaar, and in 2006, Kishore Biyani invested Rs 13 crore, later selling his stake for Rs 180 crore. By 2014, turnover reached Rs 350 crore. General Atlantic also acquired a 27% stake at Rs 1,500 crore valuation.
By 2023, Ching’s Secret was available in 5 lakh stores across India. The ultimate validation came when Tata Consumer Products acquired 100% stake for Rs 5,100 crore in 2024 โ one of India’s largest food industry acquisitions.
From a marketing agency employee to building a Rs 5,100 crore empire, Ajay Gupta proved that identifying the right consumer insight and executing relentlessly can create extraordinary success.
โ ๐๐ฒ๐ ๐๐ฒ๐๐๐ผ๐ป๐ ๐ณ๐ฟ๐ผ๐บ ๐๐ท๐ฎ๐ ๐๐๐ฝ๐๐ฎ’๐ ๐๐ผ๐๐ฟ๐ป๐ฒ๐
1. Spot the Gap, Fill the Need: Gupta identified that Indian households wanted to cook Chinese food at home but lacked the right ingredients โ and built an entire business around solving this problem.
2. Start with Core, Then Expand: Beginning with three essential sauces, he methodically expanded the product range based on consumer demand and market feedback.
3. Create Categories, Don’t Just Enter Them: Instead of competing in existing segments, he created the “Desi Chinese” category and dominated it.
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Meet the Office Employee Who HyperScaled the ‘Desi Chinese’ Code… from Marketing Agency to Rs 5,100 Crore Tata Acquisition!
