Biggies Burger receives seed funding of 5.5 million from Indian Angel Network

Date:

Indian Angel Network has led a seed funding round for Biggies Burger, a Bengaluru-based burger restaurant. It raised Rs 5.5 million. LetsVenture was also involved as a Singapore-based franchise. The startup will use the funds to expand its footprints, scale its franchising network, and add more products.

We have made a lot of progress since our beginnings in 2011. Our commitment to quality ingredients is what makes us stand out. We have a strong presence in the country and can meet the demand in Tier 2, 3, and 4 cities. Biraja Rout (founder of Biggies Burger) stated that we are looking to expand our franchising business model. IAN’s investment in us will assist us in this endeavor.

Read more D2C brand Anveshan has raised $2 million A financing that is led by DSG Consumer Partners,

“Young Indians want variety in flavours and nutritional values, as well as healthy options. Biggies Burger, the nation’s largest burger company, is the pioneer of grilled burgers. Uday Chatterjee (IAN Lead Investor) said that they have experienced exceptional growth with franchise partners and have an excellent dine-in facility in more than 50 stores nationwide.”

Biraja Prasad Rut founded Biggies Burger in 2011. The company currently serves customers in 27 cities and has over 117 franchise locations. In the next five years, Biggies Burger plans to grow by 2X annually

Read more The founders of the highly-priced Egyptian B2B start-up Capiter dismissed following allegations of fraud

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

ERP Modules: Types and Characteristics

Multiple options might be discovered while examining business management...

Agritech start-up Otipy is appointing Rohit Sood as its chief executive officer

Rohit Sood has been selected to be the chief...

Nykaa Q2: Profits up 333% year-over-year to the sum of Rs 5.2 crore Revenue up 39%

The second quarter in the fiscal year currently in...

Decentro is a fintech company has received $4.7M in the Series A round of capital

Funded by Y Combinator, a banking and payments API...