Thursday, September 29, 2022
HomeInsightFunding Alert Biggies Burger raises Rs 5.5 Cr in funding

[Funding alert] Biggies Burger raises Rs 5.5 Cr in funding

Biggies Burger, a burger chain with headquarters in Bengaluru, has raised Rs 5.5 crore as part of a seed funding round that was co-led by Indian Angel Network, LetsVenture, and a Singapore-based franchise of the company.

Biggies Burger, a burger chain with headquarters in Bengaluru, has raised Rs 5.5 crore as part of a seed funding round that was co-led by Indian Angel Network, LetsVenture, and a Singapore-based franchise of the company.

The money will be used by Biggies Burger to increase its footprint, scale its franchising network, and launch new products with regionally tailored offerings.

Biggies Burger, which was established in 2011 by Biraja Prasad Rout, states that it currently has more than 117 franchise locations and serves clients in 27 cities. In the following five years, the corporation plans to increase by a factor of two annually.

Read also – [Funding alert] Alyf raises $1.5 mn in seed funding

“Ever since our inception in 2011, we have come a long way. We are known for our commitment to quality ingredients and signature recipes. Our strong foothold in the country is fulfilling the demand in Tier-2, 3, and 4 cities. However, we want to expand our franchising model, and IAN’s investment will help us in this direction,” Biraja Rout, founder at Biggies Burger, said.

They started their operations in Bangalore, with a very small Kiosk concept outlet (50 sq Ft), but now the Brand has expanded to 1800 sqft outlets with 27 outlets.

“Young Indian consumers crave diversity in variety and flavours along with nutritional values and healthy options. Biggies Burger is the largest domestic burger brand who has pioneered grilled burgers in the country. They have achieved exceptional growth with their franchised partners and have excellent dine in facility in over 50 stores nationwide,” Uday Chatterjee, IAN Lead Investor, said.

Read also – [Funding alert] TurboHire raises $2 mn in pre-Series A round

About Biggies Burger

The brand, BIGGIES BURGER , was conceptualised as a Cafe and Fast food retail enterprise. They are a multi-location, professionally managed food retail venture which exclusively focused on Indian’s futuristic prospects of fast food products.

RELATED ARTICLES
- Advertisment -

Most Popular

- Advertisment -

Also Read

- Advertisment -
Newsletter

Subscribe to our weekly newsletter and don't forget to check out the latest updates.