Good Flippin’ Burgers, has raised USD 4 million in its latest Series A round of funding via Tanglin Venture Partners. The cash infusion not only strengthens the company’s financial resources for growth but also solidifies its objectives as it continues its goal of becoming India’s most popular burger brand. In April 2022, Good Flippin’ Burgers raised $1 million, and they have grown 3X this past year.
Founded by Viren Dsilva, Sijo Mathew, and Sid Marchant, who quit their corporate jobs to pursue their ambition of serving the perfect burger. Looking ahead, Good Flippin’ Burgers has established an ambitious plan for the next 12 months following this round of funding.
The company’s primary focus will be on global expansion, strengthening its supply chain, and further refining its quick service and dining models. These strategic initiatives will position Good Flippin’ Burgers as a market leader, ready to meet the growing need for delicious burgers in different regions. Ashika Capital was a financial advisor in this round.
“We are thrilled to have secured this funding and garnered the support of respected investors,” Viren DSilva, Co-founder: Good Flippin’ Burgers, said as he commented on the latest round. “This investment is a significant milestone for us and will empower us to expand our operations, fortify our supply chain, and bring our delicious burgers to an even wider customer base. We are grateful for the overwhelming love and support we have received from our loyal patrons and will continue to delight them with our product portfolio.”
“Viren, Sid, and Sijo are exceptional founders with extreme customer obsession and process orientation. They have built a strong brand in Good Flippin’ Burgers with extraordinary customer love. We are really impressed with their focus on supply chain capabilities which has enabled them to maintain the highest level of quality as well as consistency across their store footprint. At Tanglin, we are extremely excited to be partnering with the team and look forward to working with them towards building an enduring business,” said Sankalp Gupta, Partner at Tanglin Venture Partners.
This team stands out for its unwavering focus on people, processes, and scalable operations. The brand adheres to the idea of being designed for scale and takes a conscious approach to all facets of its operations. The company has established itself as an industry leader, delivering outstanding dining experiences to its loyal consumers with an exceptional product portfolio by prioritizing four main pillars—people, processes, products, and patrons. Good Flippin’ Burgers is steadfast in its aim to become India’s beloved burger chain, serving everything from favorites enjoyed by celebrities to innovative offerings that delight a range of tastes.