Indian burger brand, Burger Singh, has announced that it has received an undisclosed funding
round from existing investors Ashish Dhavan and Sanjeev Bhikchandani. They were also joined
by new investors Salgaocar Family Office of Goa, Raghuvanshi Investments private limited,
family office of Sona Groups MD Sanjay Kapoor and Vikramaditya Mohan Thapar Family Trust.
This round was led by RB Investments – a Singapore Based Venture Capital firm who were also
early stage investors in Swiggy, the company said.
The company plans to drive growth by opening company owned as well as franchisee owned
restaurants. The brand plans to double its workforce by adding another 400 people through its
restaurant network in the next 18 months. The company has invested heavily in their supply
chain over the last 6 months which now gives them the capability of having a national reach.
The company, however, remains cautious in its approach of its geographical expansion which
remains rooted in its philosophy of exploiting demand and supply imbalances.
Kabir Jeet Singh, founder and CEO, Burger Singh, said, “The online burger delivery segment’s
growth rate has only been second to that of biryanis and I feel we are in a good position to
capitalise on our early successes. We have a really good product that we are very confident of
and I think we have been able to achieve consistency of quality and service, which has been
rewarded by the consumer via high repeat rates. We want to maintain our rate of growth rate
at a comfortable and steady pace."
In total, it has 23 restaurants based in the Delhi NCR and 4 more spread across Nagpur,
Dehradun and Jaipur. Burger Singh also has an international presence through the franchisee
route and has opened 4 outlets in the last 12 months in London, the latest format being an
innovative food truck at the Excel exhibition centre, London.