Saturday, July 27, 2024
HomeDiversityHospitalityBiggies Burger raises pre-Series A funding of INR 210-Cr

Biggies Burger raises pre-Series A funding of INR 210-Cr

Biggies Burger, India’s homegrown burger chain, secured pre-Series A funding, valuing the brand at INR 210 crore. This investment reflects the brand’s rapid ascent and supports its ambitious expansion plans.

The funds will strengthen Biggies Burger’s team and boost its marketing efforts. The brand is on a robust growth path with 130 operational stores and a commitment for an additional 160. In just 26 months, Biggies Burger increased its store count from 37 in October 2021 to 130 in December 2023, achieving an impressive annualized revenue run rate of INR 103 crore.

“We are incredibly excited to leverage these resources to further strengthen our brand, build an even more compelling customer experience and accelerate our expansion plans. Our vision is to be the go-to burger destination for every Indian, and this pre-series A round brings us one step closer to achieving that dream,” said Biraja Rout, founder of Biggies Burger.

In 2011, Biggies Burger was established in Bengaluru, pioneering grilled burgers for Indian consumers. It started as India’s first homegrown chain competing with American counterparts, introducing authentic grilled burgers to the Indian market. Known for continuous innovation, the chain later introduced localized menus, expanding across India and becoming a popular model in QSR franchising. This approach enabled QSR business enthusiasts to enter tier-I cities and tier-II and III cities. Recently, Biggies Burger secured seed round funding for its expansion across tier II and III cities.

Subscribe To Newsletter

ICYMI

BRL Editor
BRL Editorhttps://businessreviewlive.com
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.