QSR burger chain ,Burger Singh has announced on Friday that it has secured an undisclosed sum in funding led by Turner Morrison Ltd.
The VC firm had previously invested in Swiggy during its early stages in food delivery. In this funding cycle, existing backers such as Ashish Dhavan and Sanjeev Bhikchandani also participated.
Additionally, new investors like the Salgaocar Family Office from Goa, Raghuvanshi Investments Pvt. Ltd., headed by Sona Groups' MD Sanjay Kapoor, and the Vikramaditya Mohan Thapar Family Trust joined in.
Thus far, the brand has amassed approximately $6 million in funds.
This infusion of funds will enable the Gurugram headquartered company to fuel its expansion strategy, intending to establish new restaurants, both owned by the company and through franchising.
The brand aims to expand its team by hiring an additional 400 individuals across its restaurant network within the upcoming 18 months, effectively doubling its current workforce.
Kabir Jeet Singh, Founder and CEO of Burger Singh, expressed confidence in the brand's expansion, noting the remarkable growth of the online burger delivery segment, trailing closely behind Biryanis.
He emphasized the brand's strong product, consistent quality, and service that have garnered high repeat rates from consumers. Singh aims to sustain a steady and comfortable pace of growth while capitalizing on early successes.
Presently, Burger Singh reports having catered to 18.6 million individuals through its network. The brand operates 23 restaurants in the Delhi-NCR region and an additional four outlets across Nagpur, Dehradun, and Jaipur combined.
Burger Singh has expanded globally via franchising and has established four outlets in London within the past year. Their latest addition includes a food truck stationed at the Excel exhibition centre in London.
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