Burger Singh, the homegrown quick-service restaurant (QSR) chain, has raised ₹47.15 crore (approximately $5.5 million) in a new funding round co-led by Negen Value Fund and Nine Rivers Capital, with participation from Rhodium Trust and others, according to recent filings with the Registrar of Companies
As per RoC disclosures, the investment was made through the issuance of 4,994 compulsory cumulative preference shares at ₹94,430 each. Post-money valuation is estimated at ₹458 crore (around $54 million)
Who Invested & What’s Next
- Negen Value Fund and Nine Rivers Capital each contributed ₹12 crore.
- Rhodium Trust put in ₹8.5 crore.
- Additional participation came from Turner Morrison, Thapar Family Trust, and individual investors including Vikas Kapur, Nomita Kapur, Sarfaraz Singh, and Rohit Khattar
The capital raise will support operations, capex, corporate expansion, and scaling ambitions
Rapid Growth Amid Strategic Expansion
- Burger Singh currently operates over 175 outlets across 75 cities, aiming to grow to 1,000 outlets by 2026
- In FY24, the company recorded ₹77.7 crore revenue, up 34% from FY23, but incurred a net loss of ₹27.9 crore
What It Means for the QSR Market
- The investment emphasizes accelerated expansion, with strong backing to support Burger Singh’s hybrid model of company-owned and franchise outlets
- With over 175 outlets now, the chain is positioning itself to rival global QSR brands like McDonald’s, Burger King, and Wendy’s across tier-II and –III cities Entrackr
✅ Conclusion
Burger Singh’s ₹47 crore funding at a $54 million valuation reflects strong investor faith in its rapid growth strategy and ability to scale aggressively. With fresh capital, an ambitious outlet expansion plan, and a notable hybrid model, the chain is set to further strengthen its position in India’s burgeoning QSR landscape.
