Homegrown burger chain Burger Singh has raised Rs 30 crore in Series A round led by Negen Capital along with Lets ventures, Mumbai Angels, Old World Hospitality and Jasleen Royal.
The round also saw participation from existing investors RB Investments, Rukam Capital, KCT Family Office and V.M. SALGAOCAR family office (Goa). RB Investments had put an undisclosed sum in Burger Singh in November 2019.
The Gurugram-based startup plans to deploy these funds towards its expansive growth plans to launch an additional 120 food court outlets in fiscal year 2022-23 or FY23.
Burger Singh is a chain of homegrown burgers in India with a strong presence in West and North India. The company has over 80 outlets in Delhi NCR, Lucknow, Jaipur, Dehradun, Jammu, Nagpur, Ahmedabad, Jhansi, Chandigarh, Amritsar and others with another 12 franchises under fit-outs across the country.
Founded by Kabir Jeet Singh and later joined by Nitin Rana and Rahul Seth, Burger Singh competes with the likes of Faasos, Nirula, Wat-a-Burger, Maroosh among others in the QSR segment.