Saravana Bhavan chain of restaurants, which touched Rs 3,000 crore in revenues in 2017, has around 20 outlets in Chennai and five in other parts of the country including Delhi, apart from restaurants in US, UK, Australia, New Zealand, Italy, Canada, Sweden, Belgium, Germany, France, Netherland, South Africa, Singapore, Malaysia and the Gulf countries, among others.
The rise and fall of the businessman were associated with his one great flaw- his belief in astrology.
Born in 1947, in a small village of Punnaiadi in Thoothukudi, his story is that of a rags-to-riches one. In 1968 he came to Chennai and set up a provision store in K K Nagar. While the business was running successfully, Rajagopal along with his friend decided to take over a failed restaurant and in 1981 he entered the restaurant business. The story is that an astrologer predicted that it will bring prosperity to him.