Restaurant Information Management Software Targets Multi-Billion Market for Comprehensive Management of Small and Medium Sized Restaurants
ALLENTOWN, PA / ACCESSWIRE / July 22, 2014 / Brainybrawn, Inc. (OTC PINK: BRNW) announced the release of SANVI Restaurant 14.1, its innovative, automated off-the-shelf Restaurant Management System designed to penetrate the burgeoning independent restaurant market in India that caters to 1.2 billion people. This highly fragmented market represents a significant opportunity for Brainybrawn, Inc., as chain restaurants make up only 5% of the total restaurants in India.
SANVI Restaurant's comprehensive design integrates order taking and kitchen order ticket, allocation of table, recipe & beverage management and food costing, item consumption, menu management, billing, purchase, inventory control, and much more into a functional management system for a small to medium sized restaurant. This creates greater efficiencies for the restaurant.
A report by National Restaurant Association of India (NRAI) and Technopak reveals that the size of the food services market in India is estimated at the equivalent of $48 billion dollars (INR 247,680 Crore) in 2013, with significant growth on average projected at 11% per year totaling an estimated $78 billion (INR 408,040 Crore).
About Brainybrawn, Inc.
Brainybrawn, Inc., through its subsidiary Sanvi Infotech Pvt. Ltd (India), develops customized web and windows applications and comprehensive solutions across a diversified range of industry segment and also assist media and marketing companies, retailers, and education, healthcare and hospitality providers, in India and elsewhere, by developing products and services to help support, and market their practices and businesses with innovative technology and business solutions such as office and business automation, ERP and comprehensive information management software.
This press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
SOURCE: Brainybrawn, Inc.