Burmese vegan restaurant chain Burma Burma and Tea Room has secured $2 million in a seed round led by Negen Capital along with round participation of Bbigplas Poly Private Ltd besides other angels.
Chirag Chhajer, Co-founder, Burma Burma, added “Nine years in this business, we’ve thoroughly tested all 4 zones of the Indian market for Burmese cuisine across 6 cities in India. With this round, we’re committed to entering new cities and expanding our base in existing ones. We are looking at opening 8 new outlets within the next 15 months taking our total count to 14 outlets. With our 450+ member strong team, our next target is to take Burma Burma beyond India, we’re now ready more than ever.”
In addition to a restaurant, the duo also sells Burma Burma Pantry products across the country. The retail products were launched in May 2022 and are sold through the company’s e-commerce website.
“It is a perfect fit for a fund like Negen Capital. Niche, profitable and a very strong brand name, we believe in the food sector of India and its growth trajectory. We are very confident that Burma Burma will be able to scale further with our growth capital,” said Jigar Shah, director, Negen Capital.
READ ALSO:-
Edtech Startup ClassMonitor raises INR 10Cr in pre-Series A fund round
Vetic has raised $3.7 Mn in seed funding round led by Lachy Groom
Prismforce raises $13.6 Mn fund in series A round led by Sequoia capital