Restaurante Benares Madrid

What Restaurante Benares Madrid does

Benares Madrid is a single-location Indian haute cuisine restaurant operating at Calle Zurbano nº5 in Madrid's Chamberí neighborhood since 2015, celebrating its 10th anniversary in 2025. It is positioned as the only Indian haute cuisine restaurant in Spain and Portugal recognized by both the Michelin Guide and Repsol Guide, and operates as a sister brand to Michelin-starred Benares London (Executive Chef Sameer Taneja). The Madrid kitchen is led by Chef Luis Ojeda, whose contemporary interpretations of traditional Indian recipes are executed using a traditional tandoor clay oven alongside modern culinary techniques and seasonal Spanish ingredients.

The restaurant's core products span an à la carte menu, a seasonal 9-course tasting menu (89€ per person, refreshed three times per year), a Parampara introductory menu for first-time visitors, a weekday Executive Thali lunch menu, signature cocktails, and a dessert menu. Group and event offerings include customized group menus (Jugal Bandi, Varanasi) and five distinct event spaces — an Indian-Castiza tavern (25), main hall (60-80), terrace (25-40), and two private rooms (6 and 12) — supported by a dedicated commercial sales line. Distribution extends beyond dine-in through third-party delivery partnerships with Glovo and Uber Eats and a 6-month gift voucher program.

The business model is a reservation-based fine dining operation with a 35€ per person minimum spend, multi-tier pricing (à la carte, tasting menus, premium special event menus such as the 190€ New Year's Eve tasting), and event-based private dining revenue. Go-to-market relies on Michelin and Repsol Guide recognition, organic social (Instagram, Facebook), an active press footprint across Spanish food/lifestyle publications, Google Reviews (1,500+) as social proof, and a dedicated corporate events sales motion. Customer segments span affluent food enthusiasts, corporate event clients, family/group celebrations, and international tourists; ownership is privately held with no disclosed institutional investors or parent company.

Name

Restaurante Benares Madrid

Legal name

Benares Madrid

Website

https://benaresmadrid.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Benares Madrid is a privately held Indian haute cuisine restaurant in Madrid's Chamberí neighborhood, founded in 2015 and the only Indian restaurant in Spain and Portugal recognized by both the Michelin and Repsol Guides, serving affluent diners, corporate event clients, and group celebrations.

Ownership category

akta.pro rank

Product category

Indian Fine Dining Restaurant

NAICS

Full-Service Restaurants (722511)

SIC

Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)

akta.pro primary industry

Fine Dining Restaurants (THAFACAA)

akta.pro secondary industries

Chef’s Table & Tasting Menu Restaurants (THAFACAG), Special Occasion & Destination Restaurants (THAFACAK)

Keywords

• Indian fine dining
• Haute Indian cuisine
• Restaurant tasting menus
• Private event dining
• Indian food delivery

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Fine Dining Restaurant Service: Revenue from à la carte dining, tasting menus (89€ per person), Parampara menu, and Thali executive lunch menus served during regular restaurant hours (Wednesday-Sunday). Minimum spend of 35€ per person applies.
2. Private Events and Groups: Revenue from corporate events, family celebrations, birthdays, and group dining with customizable menus (Jugal Bandi, Varanasi) and cocktail reception options. Spaces include tavern (25 people), main hall (60-80), terrace (25-40), and 2 private rooms (6 and 12 people).
3. Delivery and Takeaway: Home delivery service through third-party platforms Glovo and Uber Eats, offering Indian cuisine for off-premise consumption.
4. Gift Vouchers: Gift vouchers valid for 6 months, redeemable for dining experiences at the restaurant or online/phone purchases. Vouchers cannot be exchanged for cash.
5. Special Events: Special occasion dining including New Year's Eve menu at 190€ per person, featuring 9 courses, selected wines, champagne, grapes, and party favors.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Benares Madrid is a fine dining Indian restaurant offering traditional Indian haute cuisine reinterpreted with contemporary techniques and high-quality seasonal ingredients. The restaurant serves à la carte dishes, a seasonal 9-course tasting menu (89€ per person), a Parampara introductory menu, a weekday Thali executive lunch, signature cocktails, and group/event menus in spaces accommodating 6 to 80 guests. It complements in-restaurant dining with home delivery via Glovo and Uber Eats and gift vouchers redeemable for dining experiences.

Product overview

Benares Madrid is a single-location Indian haute cuisine restaurant offering a multi-format dining experience centered around contemporary Indian gastronomy. The core offering includes an A la Carte Menu, seasonal Tasting Menu (Menú Degustación), Parampara Menu for first-time visitors, and Bottomless Thali Menu, all complemented by signature Cocktail and Dessert Menus. For group dining, the restaurant provides specialized Group Menus (Jugal Bandi and Varanasi) and Private Event Spaces including a tavern, main dining room, terrace, and two private rooms. Additional services include Home Delivery via third-party platforms (Glovo and Uber Eats) and Gift Vouchers. The restaurant is recognized in the Michelin and Repsol guides.

Differentiator

Problem solved

Functional benefit

Products and services

• A la Carte Menu Full restaurant menu featuring traditional Indian haute cuisine dishes including tandoori oven preparations, curries, biryani, and naan breads, served in the main dining room for individual diners.
• Tasting Menu (Menú Degustación) Seasonal 9-course tasting menu changed three times a year, inspired by seasonal ingredients and flavors; available at 89€ per person with optional wine pairing (45€ supplement); requires full table booking and approximately 2 hours of dining time.
• Parampara Menu An accessible introductory menu designed for first-time visitors to Indian cuisine, featuring a curated selection of traditional dishes presented with contemporary plating to introduce diners to the restaurant's culinary style.
• Thali Executive Menu Weekday executive lunch (Monday-Friday) organized on a tray with one main course choice from six preparations plus five accompaniments, with agile service timed for midday diners; not available in August.
• Bottomless Thali Menu Thali-inspired format offering a tray with multiple small-portion dishes allowing diners to sample a wide variety of flavors and textures, suited for casual meals and executive lunch.
• Cocktail Menu Signature cocktails and non-alcoholic options designed by in-house bartenders to pair with the menu's dishes; features bold combinations, refreshing mixes, classic cocktails with distinctive twists, and elegant zero-proof options.
• Dessert Menu Traditional Indian desserts such as Rasmalai and Gulab Jamun reinterpreted with contemporary touches; innovative creations combining cardamom and saffron with modern culinary techniques.
• Group Menus (Jugal Bandi and Varanasi) Special group dining menus (Jugal Bandi and Varanasi) customized for celebrations, family reunions, and corporate events, including cocktail party options and personalized menus for each occasion.
• Private Event Spaces Multi-purpose event spaces including an Indian-Castiza tavern (25 people), a large bright main dining room (60-80 guests), a terrace (25-40 guests), and 2 private rooms (6 and 12 people) for corporate meetings, weddings, and group celebrations.
• Home Delivery Service Indian food delivery service available through third-party platforms Glovo and Uber Eats, allowing customers to order high-end Indian cuisine for at-home consumption in the Madrid area.
• Gift Vouchers (Bonos Regalo) Gift vouchers valid for 6 months, redeemable at the Benares Madrid restaurant or for online and phone purchases, requiring a serial number and security code for restaurant dining reservations.
• The Best of Benares Anniversary Menu Special 8-course collaborative tasting menu launched for the 10th anniversary celebrations, merging dishes from Benares Madrid and Benares London; priced at 89€ per person (139€ with wine pairing).
• New Year's Eve Menu 2025 Exclusive 9-course New Year's Eve tasting menu available only on December 31st, including selected premium wines, champagne for the midnight toast, 12 lucky grapes, and party favors; priced at 190€ per person.

Quantifiable outcome

• Only Indian haute cuisine restaurant in Spain and Portugal with Michelin and Repsol recognition
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• GlovominorChannel Partner/ Reseller/ DistributorThird-party delivery partnership through Glovo app, enabling Indian food delivery to customers in Madrid area.
• Uber EatsminorChannel Partner/ Reseller/ DistributorThird-party delivery partnership through Uber Eats platform, enabling Indian food delivery to customers in Madrid area.
• Benares LondoncoreStrategic or Co-development PartnerSister Michelin-starred restaurant in London under Executive Chef Sameer Taneja. Collaboration for special events including 'The Best of Benares' tasting menu featuring dishes from both locations; access to shared culinary expertise and techniques.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Pakta: Albert Adrià's Michelin-starred Nikkei (Japanese-Peruvian) restaurant in Barcelona offering Asian haute cuisine tasting menus. Comparable as a Spanish Michelin-recognized ethnic haute cuisine concept demonstrating the emerging market for non-traditional fine dining cuisines in Spain.

Emerging players

• Hoppers: London-based Sri Lankan and South Indian restaurant group with multiple locations offering elevated regional Indian cuisine. Comparable as a Michelin-recognized upscale South Asian concept targeting affluent younger diners; somewhat overlapping but more casual/fast-casual than Benares.

Regional players

• DiverXO: David Muñoz's 3-Michelin-star avant-garde restaurant in Madrid, widely considered Spain's most innovative fine dining venue. Comparable as a Madrid-based Michelin-recognized destination restaurant targeting affluent diners, food enthusiasts, and corporate events; different cuisine but directly competitive for the same Madrid fine dining customer wallet.
• Coque: 2-Michelin-star restaurant in Madrid led by the Sandoval brothers, offering a multi-format dining experience including tasting menus and private dining spaces. Comparable as a Madrid premium dining venue with diverse event spaces, corporate clients, and Michelin-driven positioning.

Direct peers

• Benares London: Michelin-starred (1-star) Indian fine dining restaurant in London operated as the original Benares location and sister to the Madrid operation. Direct peer by brand, cuisine, format, and target customer (corporate clients, affluent diners, special occasion guests). Led by Executive Chef Sameer Taneja who collaborates with Madrid on joint tasting menus.
• Trishna: Michelin-starred Indian restaurant in Marylebone, London specializing in coastal Indian cuisine with tasting menus and à la carte. Comparable as a Michelin-recognized premium Indian concept targeting food enthusiasts and corporate clientele.
• Kahani: Michelin-starred Indian fine dining restaurant in Chelsea, London offering modern Indian tasting menus from Chef Rohit Ghai. Comparable premium positioning, tasting menu format, and target market of affluent diners seeking contemporary Indian cuisine in a refined European setting.
• Amaya Indian Fine Dining: Michelin-recommended Indian fine dining restaurant in Belgravia, London featuring a grill-based cuisine with tasting menus and à la carte service. Comparable Michelin-recognized premium Indian positioning with emphasis on traditional cooking techniques and corporate/private event offerings.
• Tamarind of Mayfair: Michelin-starred upscale Indian fine dining restaurant in Mayfair, London with private dining rooms and event spaces. Directly comparable premium positioning, target customer overlap, and use of traditional Indian cooking techniques (tandoor) adapted for European fine dining audiences.
• Gymkhana: Michelin-starred Indian fine dining restaurant in Mayfair, London offering modern reinterpretations of traditional Indian cuisine with tasting menus and à la carte service. Directly comparable as an upscale Indian fine dining concept targeting affluent diners and corporate events in Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/benaresmadrid
• Instagraminstagram.com/benaresmadrid
• LinkedInlinkedin.com/company/restaurante-benares-madrid

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Restaurante Benares Madrid