Tanglin Venture Partners led $4 M Series A funding raised by Good Flippin’ Burgers
A Series A round led by Tanglin Venture Partners netted $4 million for the burger franchise Good Flippin’ Burgers.
In April 2022, investors including Nikhil Bharadwaj, Karan Bhagat, Yatin Shah, and others gave Good Flippin’ Burgers $1 million. The business asserts that it tripled its size last year.
According to a press release from Good Flippin’ Burgers, the business will primarily focus on geographic expansion, bolstering its supply chain, and further developing its dining and quick service models.
The company was founded by Viren Dsilva, Sijo Mathew, and Sid Marchant and has 23 locations in Mumbai and Delhi with more than 295 staff members. The brand has made headway in Mumbai with 16 stores, and Delhi with 7 outlets.
The four-year-old startup faces competition from Biggies Burger, Burger Singh, and WhataBurger. Biggies Burger, a chain of quick service restaurants (QSRs), received Rs 5.5 crore in a seed round led by the Indian Angel Network (IAN) in September 2022. In July of last year, Burger Singh also received Rs 30 crore in a Series A round led by Negen Capital.
