After Adrak Yorkville, Ambica Jain Is Building Raani on Bay Street
The Michelin-recommended Adrak founder’s next room targets Toronto’s Financial District at 360 Bay Street, with a summer 2026 window still soft on the exact open date.
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Ambica Jain is lining up a third Toronto fine-dining chapter. Raani, from her MJAJ Hospitality group, is planned for 360 Bay Street in the Financial District, inside a former bank. BlogTO put the project on the calendar in late July 2026 as opening “in the coming months”; the restaurant site still reads Coming Soon, Summer 2026. Treat the exact door date as unconfirmed until Jain’s team posts one.
Jain co-founded MJAJ with the Adrak brand her mother opened in Richmond Hill in 2014. She took a leadership role there after graduating from the University of Toronto Scarborough (BSc 2018) and opened Adrak Yorkville in 2022 on Avenue Road. That room landed on Toronto Life’s best-new list and has held a Michelin Guide recommendation since Toronto’s inaugural guide that same year. The group also brought Bikanervala’s vegetarian sweets and snacks into Canada. Raani is the next room, not another Adrak clone: press and the restaurant’s own copy frame it as a dining room inspired by India’s princely courts, with Jain telling OpenTable the design and menu will read female-forward once details land.
What is public so far is pedigree and address more than plates. Raani’s name nods to Sanskrit rājñī, a queenly title; the Bay Street site sits among office towers and hotels rather than Yorkville’s retail strip. Menu specifics and a firm open date remain thin in BlogTO and WhatNow coverage. For readers watching Toronto’s South Asian fine-dining map, the useful signal is expansion from a Michelin-recommended Yorkville room into the downtown core. Confirm hours and bookings on Raani when they publish; this is appointment coverage, not a review.