Burger Singh Secures Rs 82 Crore in Series B Funding
Homegrown burger chain Burger Singh has successfully concluded its Series B funding round with an impressive total of Rs 82 crore (approximately $9 million), achieving a valuation of Rs 520 crore ($56 million). This funding round was spearheaded by Artal Asia Pte Ltd and included contributions from both new and returning investors, such as Negen Undiscovered Value Fund and Aurum Rising India Fund, among others. Startup Superb had previously reported on this funding round in July of last year.
The newly acquired funds will be instrumental in enhancing the systems, processes, and infrastructure that are vital for establishing India’s most scalable franchise-first restaurant growth platform, as stated by Burger Singh in a recent press release.
Burger Singh operates a hybrid business model featuring both company-owned and franchise-operated outlets. The menu offers a diverse selection of burgers, momos, fries, beverages, and desserts. Currently, the chain boasts over 200 outlets across 75 cities, with an ambitious goal to expand its footprint to more than 1,000 outlets by 2026.
According to Kabir Jeet Singh, the Founder and CEO of Burger Singh, there is an abundance of entrepreneurs in India, but a distinct lack of high-quality operational platforms that enable these entrepreneurs to thrive in the restaurant industry at scale. He emphasises that this is the gap that Burger Singh aims to address.
The company has demonstrated remarkable growth, reporting a 50% year-on-year increase in revenue to Rs 117 crore in FY25, compared to Rs 78 crore in FY24. Concurrently, the firm has significantly reduced its net losses by 86%, down to Rs 3.86 crore in FY25.
Burger Singh finds itself in competition with both global and regional quick service restaurant chains, such as McDonald’s, Burger King, Wendy’s, Jumboking, Wat-a-Burger, and Burgernama, among several others.
