Homegrown Burger Singh has raised Rs 30 crore in Collection A funding led by Negen capital, the corporate mentioned on Wednesday.
Lets ventures, Mumbai angels, Outdated World Hospitality (Rohit Khattar) and Jasleen Royal (Singer, songwriter and composer) additionally participated within the funding spherical, an announcement mentioned.
The spherical additionally noticed participation from current traders RB Investments, Rukam Capital, KCT Household Workplace and VM Salgaocar household workplace.
The corporate goals to deploy these funds in the direction of its expansive development plans to launch an extra 120 meals courtroom retailers within the present fiscal.
“Our sturdy enterprise mannequin has sailed steadfast via two unprecedented international occasions – the pandemic and inflation. With this spherical, each present and new traders have as soon as once more supported our mantra,” Burger Singh CEO and founder Kabir Jeet Singh mentioned within the assertion.
The corporate has over 80 retailers in Delhi NCR, Lucknow, Jaipur, Dehradun, Jammu, Nagpur, Ahmedabad, Jhansi, Chandigarh, Amritsar and others with one other 12 franchises underneath fit-outs throughout the nation.