Burger Singh's additional funding takes the total raised amount to $ 1 mn
Burger Singh's additional funding takes the total raised amount to $ 1 mn

Burger Singh, Gurgaon based burger chain owned by Tipping Mr Pink Pvt Ltd., has managed to pump an additional funding of US $800,000 taking the total raised amount to US $1 million. The fresh funds were raised by a group of investors including Beer Cafe founder Rahul Singh, Dheeraj Jain (Redcliffe Capital) and television actor Rannvijay Singh.

Last month, the brand had raised around US $200,000 funding from the same group of investors. As per the company’s plan, it will utilize the amount to expand its network to the length and breadth of the country. The recently concluded round also received investment from other players such as Ashvin Chadda, Capt Salim Sheikh (ex -Sayaji Hotels) and Avtar Monga (COO of IDFC Bank).

The company is aiming to further penetrate and explore the burger market of the country which is currently dominated by the some of the big fishes such as McDonald’s, Burger King etc. Speaking about the company’s vision, Kabir Jeet Singh, CEO, Burger Singh said that company’s vision, enthusiasm and prospects have been highly recognised by its investors who have backed the brand repeatedly both financially and strategically. Now that the company has carefully and deliberately built a robust foundation of systems and processes, the aim would be to reach a wider audience geographically.

Elaborating on its business plan, company stated that unlike its rivals, Burger Singh is looking to open smaller outlets with multiple locations, predominantly focussed on delivery and takeaway customers. This makes the model capex light with conservative rentals and very lean operations. Thus, reducing the risk per location. 

 
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