Fast food chain Burger Singh secures ₹30 crore in Negen Capital led Series A funding
Fast food chain Burger Singh has announced the fundraising of ₹30 crore in series A funding round led by Negen Capital. Existing investors like RB Investments, Rukam Capital, KCT Family Office, and VM Salgaocar family office also participated along with Old World Hospitality (Rohit Khattar) and Jasleen Royal (Singer, songwriter, and composer).
Burger Singh was founded in 2014 by Kabir Jeet Singh, Nitin Rana and Rahul Seth. Within the span of six years, the company grew in stature and made its mark on the Indian fast food industry.
With over 80 stores in more than 38 cities, the company is the fastest-growing burger chain of Indian origin. It also has the country's 3rd highest burger delivery volumes.
The fresh capital will be used to expand the franchise with additional 120 food outlets, accelerate brand growth and hiring.
Burger Singh CEO and founder Kabir Jeet Singh said, “Our robust business model has sailed steadfast through two unprecedented global events - the pandemic and inflation. With this round, both current and new investors have once again supported our mantra.”
