SAB Associates
The Force Behind V-Star and Achayans Franchises

Our unwavering commitment to excellence guarantees every franchise thrives in competitive markets.

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VSTAR

VSTAR is a retail brand that caters to the diverse needs of customers by offering a wide range of products in ladies’, gent’s, and kid’s undergarments and leisure wear. The franchises under the ownership of Silji Varghese currently operate five outlets in strategic locations.

ACHAYANS

Achayan’s, a multi-cuisine restaurant chain with a 40-year legacy, is renowned for its diverse continental menu. In 1998, Silji Varghese became a stakeholder, enhancing the dining experience with quality, taste, and ambience. He expanded Achayans' visibility by opening three new outlets in 2022, 2023, and 2024, strategically located for maximum customer reach and convenience.

SAB ASSOCIATES

SAB Associates, led by Silji Varghese, is a renowned corporate entity known for strategic acquisitions of VSTAR and Achayan’s franchises. Operating behind the scenes, SAB empowers its franchises with resources, guidance, and support to excel in competitive markets. Despite its low-profile approach, Silji has built SAB’s reputation for excellence and reliability, making it a respected name in the corporate world.

SAB Associates

Executive Summary

Silji Varghese, the Managing Director of SAB Associates, is an accomplished entrepreneur and seasoned hotel management professional who has established a significant presence in the retail and hospitality sectors. With a solid hotel management foundation and extensive industry experience, Silji has successfully ventured into franchises dealing with retail and dining, contributing well to brands like VSTAR and Achayans.

Personal Background

Early Life and Education

Silji Varghese was born and raised in the picturesque town of Alappuzha, known for its backwaters and scenic beauty. Growing up in Alappuzha instilled in Silji a deep appreciation for culture, hospitality, and community values. His passion for the hospitality industry led him to pursue a degree in Hotel Management from the prestigious DADAR Catering College in Mumbai.


Professional Beginnings

After completing his education, Silji began his career as a Hotel Operations Manager trainee at the renowned Taj Group of Hotels. This experience gave him invaluable insights into hotel management, customer service, and operational efficiency. His tenure at Taj laid a strong foundation for his future endeavours in the hospitality and retail sectors.

Career Milestones

Paragon Restaurant, Dubai

In 2002, Silji Varghese embarked on a new chapter in his career by joining Paragon Restaurant in Dubai as the Regional General Manager. Over the next 18 years, he played a pivotal role in transforming Paragon Restaurant into a culinary landmark. His leadership and strategic vision were instrumental in earning the restaurant the prestigious ‘Best Restaurant Award’ from the Dubai Government. This accolade recognised the restaurant’s excellence and highlighted Silji’s exceptional management skills.


Transition to Entrepreneurship

Inspired by his success in Dubai, Silji returned to India to create his business empire. Leveraging his extensive experience and industry knowledge, he ventured into retail by launching franchises of VSTAR, a subbrand of Vguard. Concurrently, he established franchises of Achayans, a multi-cuisine restaurant chain focusing on continental foods.

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