Biryani By Kilo eyes to double revenue by next year

Biryani By Kilo (BBK) is planning to double its revenue by next year.

The brand aims to achieve this target by exporting the famous ‘handi’ biryani to the United Arab Emirates and the UK. It will also experiment with healthier variants like quinoa biryani and brown rice Biryani.

Vishal Jindal, Co-Founder & Director, Biryani By Kilo, said, “We are opening three outlets every month and are looking to expand our presence to 40-50 outlets in north India by next April-May. We are also getting massive franchise inquiries from the UAE and UK, so next year we will go international and hope to hit the Rs 100 crore.”

Starting with two outlets in 2015, BBK has now grown to about 25 outlets in 2019. At present, the biryani chain has 14 outlets in Delhi-NCR, five in Bombay, three in Punjab, one in Jaipur and one each opening in Lucknow and Dehradun next month.

In June, BBK had raised Series A funding of $5 million led by IvyCap Ventures. It will be doing a Series B round next year to take the company on its journey from Rs 100 crore upwards.

BBK is constantly innovating around the product too.

“We make three variants all the time, Hyderabadi, Lucknowi, and Kolkata biryani. But we have also done Malabar and Ambur biryani for a short time. So this means that the kind of experimentation and innovation we are doing, not many companies are doing,” Jindal stated.

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