- Burmese restaurant chain
Burma Burma has raised $2 million in seed funding led by Nine Capital. Ankit Gupta andChirag Chhajer founded the restaurant in 2014.- The money will be used to open eight new branches over the next fifteen months.
Vegan Burmese restaurant chain Burma Burma and Tea Room has raised more than $2 million in a funding round led by Mumbai-based Nine Capital. The round also saw participation from Bbigplas Poly and other Angels.
“I grew up eating the Burmese dishes we serve in Burma Burma, as my mother learned these recipes growing up in pre-migration Burma in the 1960s,” says Ankit Gupta, co-founder of Burma Burma.
The restaurant was started in 2014 by the duo in Mumbai. The duo has opened seven stores in the past nine years in Mumbai, Delhi, Noida, Gurgaon, Bangalore and Kolkata. With this funding, the company plans to open eight new locations in the next 15 months, bringing the total to 14 locations.
“Nine years in this industry, we have thoroughly tested all four zones of the Indian market for Burmese cuisine in six cities in India. With this round, we are committed to entering new cities and expanding our base in existing cities,” said Chirag Chhajer, co-founder of Burma Burma.
“With our strong team of over 450 members, our next goal is to take Burma Burma beyond India; we are now more than ever ready,” Chhajer added.
In addition to a restaurant, the duo also sells
“Burma Burma fits perfectly in a fund like Negen Capital. Niche, profitable and a very strong brand name, we believe in India’s food sector and its growth trajectory. We are confident that Burma Burma will be able to scale further with our growth capital,” said the spokesperson.
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