D2C food-tech startup Biryani By Kilo [BBK] has raised $35 million in a Series B round led by Falcon Edge Capital with participation from SBI and existing investor IvyCap Ventures.
IvyCap Ventures had led $5 million Series A round in the Gurugram-based startup
BBK will use the fresh funds to expand its biryani brand nationwide, targeting over 200 outlets by the end of 2024 along with a plan to enter the international markets.
Launched in 2015 BBK offers Hyderabadi and Lucknowi biryani along with kebabs, kormas and phirni through its omnichannel retail D2C model.
The brand is already present in over 25 cities and over 60 outlets, with around Rs 150 crore annual revenues.
