Biryani Blues Raises $5 Mn Funding From Yugadi Capital

Biryani Blues, an omnichannel quick service restaurant has raised $5 million in its pre-series C funding round led by Carpediem Capital’s new fund Yugadi Capital, along with participation from other investors.

The funding will help the company grow, hire more people and improve its operations and logistics network.

The company also plans to hire for roles in operations, delivery, and corporate teams as it works toward opening 100 new outlets in the next three years.

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"After optimising operations and turning profitable over the past year, the company has set itself distinctly apart from competitors in this space. We believe that the food business is a long-term play, and increasing our lead in North India, before expanding to other regions remains our first priority," noted Aparna and Raymond Andrews, founders of Biryani Blues.

"With this infusion, we reinforce our confidence in management’s ability to scale its decade-long success. We remain committed to supporting Biryani Blues and its strong market potential," said Arvind Nair, Chairman of Carpediem Capital.

About Biryani Blues 

Founded in 2013 by Aparna and Raymond Andrews, Biryani Blues which run by Thea Kitchen Pvt. Ltd., has 68 outlets across North India and Bengaluru. 

It serves both dine-in and delivery customers through multiple channels and handles over 2 lakh orders each month. The company’s annual revenue run rate is about ₹100 crore.

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