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NEWS | Sagar Ratna's Jayaram Banan to launch north Indian vegetarian restaurants

Jayaram Banan, founder of south Indian restaurant chains Sagar Ratna and Swagath, is starting yet another restaurant chain, this time offering north Indian vegetarian cuisine for consumers who don't eat onion and garlic--mainly the Jain and Marwari communities.
Banan, who is a minority shareholder in Sagar Ratna Restaurants after having sold the business to private equity fund Indian Equity Partners in August last for Rs 180 crore, told ET that the new chain is being named Shraman.

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