Casual dining chain Burma Burma raises USD 2 Million in Equity Funding
Casual dining chain Burma Burma raises USD 2 Million in Equity Funding

Award-winning Burmese vegan restaurant chain, Burma Burma Restaurant and Tea Room, has raised $2 million in Seed funding led by Negen Capital.

The fundraising round also saw participation from Bbigplas Poly Pvt. Ltd. and a few Angel Investors led by Investment Bankers Sarthak Ahuja and Aditi Randev.

Commenting on the debut fundraising round, Ankit Gupta, Co-founder, Burma Burma said, “I’ve grown up eating the Burmese dishes we serve at Burma Burma, as my mother learnt these recipes while growing up in Burma before the migration in the 1960s.”

Burma Burma Restaurant and Tea Room is the first to introduce Burmese cuisine, combining the authentic taste and cooking of Myanmar while providing a window into the culture.

A brainchild of Ankit Gupta and Chirag Chhajer, Burma Burma was started with the intention of making Burmese cuisine accessible to all. The brand is now fulfilling its vision of going beyond just a restaurant and providing its patrons with a new, wholesome and innovative dining experience that interacts on various levels.

He further added he is glad to see that India has not just welcomed, but has adored the authentic Burmese taste, which so far has been unknown to the world.

With Burma Burma Pantry Retail Products among their India-wide operations, Burma Burma is on its path of realising its dream of popularising Burmese cuisine and helping the bold flavours travel to their patrons. Started in 2014 in the heart of Mumbai and quickly spread to the other five metros, Delhi, Noida, Gurgaon, Bangalore and Kolkata, the restaurant chain is looking at expanding its presence in the country.  

“Nine years in this business, we’ve thoroughly tested all 4 zones of the Indian market for Burmese cuisine across 6 cities in India. With this round, we’re committed to entering new cities and expanding our base in existing ones,” added Chirag Chhajer, Co-founder, Burma Burma.

The restaurant chain is looking at opening 8 new outlets within the next 15 months taking total count to 14 outlets.

“With our 450+ member strong team, our next target is to take Burma Burma beyond India, we’re now ready more than ever,” added Chhajer.

Speaking on their decision to invest in Burma Burma, Jigar Shah, Director, Negen Capital said "Burma Burma is a perfect fit for a fund like Negen Capital. Niche, profitable and a very strong brand name. We believe in the food sector of India and its growth trajectory and are very confident that Burma Burma will be able to scale further with our growth capital.”

 
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