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Burma Burma Raises Rs 25.46 Cr To Boost Its Restaurant Portfolio

Burma Burma, a restaurant chain has raised Rs 25.46 Crore (around $3 Mn) in a fresh funding round led by Negen Capital.

By Jitendra Das
New Update
Burma Burma Raises Rs 25.46 Cr To Boost Its Restaurant Portfolio

Burma Burma, a restaurant chain has raised Rs 25.46 Crore (around $3 Mn) in a fresh funding round led by Negen Capital.

The round also saw participation from NV Alpha Fund Management and a host of high net worth individuals (HNIs).

Funding Utilisation

The startup plans to use the new funding to grow its presence over the next 15 months, with the goal of reaching 24 restaurants by the end of FY26.

Read also -  Spacetech startup Catalyx Space Raises $1.7 Mn In Funding

Chirag Chhajer, Co-Founder of Burma Burma, said, “The focus is to take the company to Rs 300 crores in revenue within two financial years while achieving more than 18% EBITDA margin. This funding will be a catalyst in bringing our vision to life as we aim to be IPO-ready by 2027.''

About Burma Burma 

Mumbai-based Burma Burma was founded in 2014 by Ankit Gupta and Chirag Chhajer, It currently operates 12 restaurants and delivery kitchens in major cities like Delhi NCR, Mumbai, Bengaluru, Hyderabad, Kolkata and Ahmedabad.

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