This investment signifies the brand’s meteoric rise from 37 stores in October 2021 to 130 in December 2023 achieving revenue run rate of ₹103 crore.
Biggies Burger, India’s leading and fastest-growing domestic burger chain, has secured a pre-Series A funding round, valuing the company at an impressive ₹210Cr. This investment underscores the brand’s remarkable ascent and provides fuel for its ambitious growth objectives.
The capital infusion will primarily go towards enhancing Biggies Burger’s team and amplifying its marketing initiatives. With 130 operational stores and an additional 160 stores committed, the brand is on an unstoppable expansion path. Within just 26 months, Biggies Burger has surged from 37 stores in October 2021 to 130 by December 2023, achieving an admirable annualized revenue run rate of ₹103 crore.
“We are thrilled to utilize these resources to fortify our brand, enhance the customer experience, and expedite our expansion plans. Our aim is to become the preferred burger destination for every Indian, and this pre-Series A round propels us closer to realizing that vision,” remarked Biraja Rout, the founder of Biggies Burger.
Source: Hotelier India
