Burger Singh on Wednesday announced the fundraising of ₹30 crore in series A funding round led by Negen capital along with Lets ventures, Mumbai Angels, Old World Hospitality and Jasleen Royal.
The round also saw participation from existing investors RB Investments, Rukam Capital, KCT Family Office and V.M. SALGAOCAR family office (Goa). RB Investments had put an undisclosed sum in Burger Singh in November 2019.
Burger Singh aims to use the fresh capital towards its expansive growth plans to launch an additional 120 food court outlets across India in the current fiscal.
Burger Singh is a chain of homegrown burgers in India with a strong presence in West and North India. The company has over 80 outlets in Delhi NCR, Lucknow, Jaipur, Dehradun, Jammu, Nagpur, Ahmedabad, Jhansi, Chandigarh, Amritsar and others with another 12 franchises under fit-outs across the country.
Burger Singh was born in November 2014 by Kabir Jeet Singh and later joined by Nitin Rana and Rahul Seth, Burger Singh competes with the likes of Faasos, Nirula, Wat-a-Burger, and Maroosh among others in the QSR segment with the vision of becoming India’s largest Quick Service Restaurant (QSR) chain.
In a span of 6 years, the company has rapidly made its mark on the Indian fast food industry. With over 80 stores in more than 38 cities, the company is the fastest-growing burger chain of Indian origin. It also has the country’s 3rd highest burger delivery volumes.