Homegrown fast-food chain Burger Singh has secured ₹47.15 crore (approx. $5.5 million) in a contemporary funding spherical led by Negen Worth Fund and 9 Rivers Capital, with participation from Rhodium Belief and 19 different traders, together with business veterans and household trusts.
💰 Deal Construction & Valuation
The corporate raised capital by issuing 4,994 obligatory cumulative choice shares at ₹94,430 every, as per regulatory filings.
- Negen Worth Fund and 9 Rivers Capital invested ₹12 crore every
- Rhodium Belief contributed ₹8.5 crore
- Turner Morrison Belief and Thapar Household Belief pitched in ₹3.5 crore and ₹2 crore, respectively
- Further contributions got here from particular person traders like Vikas Kapur, Nomita Kapur, Sarfaraz Singh, and Rohit Khattar.
Put up-funding, Burger Singh instructions a valuation of roughly ₹458 crore (~$54 million)
Entrackr.
🍔 Progress Trajectory & Ambitions
Based in 2014, Burger Singh operates a hybrid mannequin with company-owned shops and franchises. It serves a menu of burgers, momos, fries, drinks, and desserts. The chain now boasts over 175 shops throughout 75 Indian cities and serves each metro and Tier‑II areas.
Its present purpose: scale to 1,000 shops by 2026, concentrating on an aggressive growth tempo.
📈 Monetary Snapshot
Burger Singh is awaiting FY25 filings. For FY24 (ended March 2024):
- Income grew 34% YoY to ₹77.7 crore, up from ₹57.8 crore
- Web loss stood at ₹27.9 crore, owing to investment-related spending
About 48% of income in FY24 got here from firm shops, with F&B wholesale and franchise charges making up the remaining.
🤝 Buyers & Strategic Use of Funds
Along with the primary traders, the spherical contains contributions from high-profile people reminiscent of Vikas Kapur (ex-CEO, Information Edge), Nomita Kapur, industrialist Sarfaraz Singh, and restaurateur Rohit Khattar.
The funds will assist:
- Operations & Capex – constructing new kitchens and upgrading gear
- Enlargement – accelerating outlet progress to 1,000 areas
- Company Functions – techniques, advertising and marketing, and know-how enhancements
🌍 Aggressive Panorama
Burger Singh competes with QSR giants like McDonald’s, Burger King, Wendy’s, and home manufacturers like JumboKing, Wat-A-Burger, and BurgerNama.
It differentiates utilizing Indian-inspired flavours, robust regional menus, inexpensive pricing, and a mix of franchise and firm shops. It additionally has a presence within the UK market, with two shops in London
Restaurant India.
🔍 Market Potential & Strategic Benefits
- Native Flavours: Acquainted spices and fusion choices resonate with Indian palates.
- Hybrid Format: Firm shops preserve high quality; franchises allow scalability.
- Regional Depth: Sturdy presence in North and West India, with fast entry into new cities.
- International Attain: Worldwide rollout reveals ambition and model confidence.
🎯 Roadmap to 1,000 Shops
To satisfy its 2026 goal, Burger Singh plans to:
- Launch 10–15 shops per thirty days throughout metro and Tier-II areas
- Push franchise progress through specific kiosks in transit hubs and campuses
- Ramp up advertising and marketing, together with promotions like Re 1 fries and auto-rickshaw branding
- Improve provide chains, kitchen automation, and centralised coaching
🗣️ Management Perception
Founder Kabir Jeet Singh has pursued model consistency and regional connection.
Previous feedback spotlight their “robust repeat buyer base on account of distinctive native flavours and high quality”.
Their aggressive rollout and investor confidence underscore the energy of their playbook.
✅ Remaining Take
Burger Singh’s profitable ₹47 crore funding spherical and ₹458 crore valuation replicate investor religion.
Whereas monetary losses persist, income progress and market positioning are robust.
Aiming for 1,000 shops by 2026, the chain combines native enchantment, blended possession fashions, and flavour-rich merchandise, backed by a variety of traders and seasoned management.
In the event that they execute effectively, Burger Singh may change into a significant contender shaping India’s QSR panorama—and past.
