However, the QSR company did not disclose the amount of funding raised, and claimed that the round has increased its valuation to $52 million. Burger Singh had previously raised a valuation of $23 million mid last year.
Elevate Your Tech Prowess with High-Value Skill Courses
Offering College | Course | Website |
---|---|---|
Indian School of Business | ISB Product Management | Visit |
Northwestern University | Kellogg Post Graduate Certificate in Product Management | Visit |
IIM Lucknow | IIML Executive Programme in FinTech, Banking & Applied Risk Management | Visit |
Burger Singh said in a media statement that the new round of funding saw participation from existing investors including Anicut Capital’s Ashvin Chadha, Thapar Family Trust’s Vikramaditya Mohan Thapar, Mumbai Angels and LetsVentures.
The chain said it intends to set up 15 kiosks over the next couple of months at metro stations in Delhi NCR, to tap into consumer catchments such as universities, malls and airports. “These kiosks reduce the traditional risks associated with location, fit out costs and high rentals, ensuring our franchisees can achieve a faster return on their investment,” Kabir Jeet Singh, founder of Burger Singh, said.
According to the company, Burger Singh has over 150+ stores across the country.
However, the QSR company did not disclose the amount of funding raised, and claimed that the round has increased its valuation to $52 million. Burger Singh had previously raised a valuation of $23 million mid last year.
Elevate Your Tech Prowess with High-Value Skill Courses
Offering College | Course | Website |
---|---|---|
Indian School of Business | ISB Product Management | Visit |
Northwestern University | Kellogg Post Graduate Certificate in Product Management | Visit |
IIM Lucknow | IIML Executive Programme in FinTech, Banking & Applied Risk Management | Visit |
Burger Singh said in a media statement that the new round of funding saw participation from existing investors including Anicut Capital’s Ashvin Chadha, Thapar Family Trust’s Vikramaditya Mohan Thapar, Mumbai Angels and LetsVentures.
The chain said it intends to set up 15 kiosks over the next couple of months at metro stations in Delhi NCR, to tap into consumer catchments such as universities, malls and airports. “These kiosks reduce the traditional risks associated with location, fit out costs and high rentals, ensuring our franchisees can achieve a faster return on their investment,” Kabir Jeet Singh, founder of Burger Singh, said.
According to the company, Burger Singh has over 150+ stores across the country.