Biryani Blues Announces Major Funding Boost

In a significant development for the quick service restaurant sector, Biryani Blues has successfully raised $5 million in a pre-Series C funding round. This investment was led by Yugadi Capital, a new fund under Carpediem Capital, with contributions from other investors.

Expansion and Operational Enhancements on the Horizon

The fresh capital injection is earmarked for ambitious expansion plans, including the opening of over 100 new outlets across North India within the next three years. Additionally, the funds will bolster the company's workforce and enhance its operational and logistical frameworks.

A Track Record of Growth and Success

This funding round follows previous successful raises, including a $5 million Series B from Rebel Foods in FY22 and a $2 million Series A from Carpediem Capital Partners Fund I between FY 2016 and FY 2017. With a current valuation of $30 million and revenue hitting $10 million in FY25, Biryani Blues is on a steadfast path to growth.

Current Footprint and Future Aspirations

Operating under Thea Kitchen Pvt. Ltd, Biryani Blues now boasts 68 outlets across North India and Bengaluru, with plans to significantly expand its presence in popular high street markets and malls.