Good Flippin’ Burgers has raised $4 million through Tanglin Venture Partners from its recent Series A round of funding.
According to the company, this influx of cash not only strengthens the business’s financial capacity for expansion but also reaffirms its goals as it pursues its goal of becoming India’s most popular burger brand. Last April, Good Flippin’ Burgers raised $1 million, and over the previous year, it tripled in size.
Following this round of fundraising, Good Flippin’ Burgers has established lofty goals for the upcoming 12 months. The company said its primary focus will be on worldwide expansion, strengthening its supply chain, and further developing its fast service and dining models. These tactical moves aim to establish Good Flippin’ Burgers as a market leader, able to satisfy the expanding demand for burgers in various regional markets.
“This investment is a significant milestone for us and will empower us to expand our operations, fortify our supply chain, and bring our delicious burgers to an even wider customer base,” said Viren DSilva, co-founder of Good Flippin’ Burgers.
Founded in 2019 in Mumbai by Viren Dsilva, Sijo Mathew, and Sid Marchant, the brand has 23 stores and is expanding across Mumbai and Delhi, employing more than 295 people. With 16 locations in Mumbai, the business has now expanded into Delhi, with seven branches.
Further reading: Wayback Burgers ramps up Asia expansion plan, entering Japan