Burger Singh Raises $800000 Funding From Actor Rannvijay Singh & Others
Tipping Mr Pink, which runs fusion burger chain Burger Singh, has received a funding of USD 800,000 from investors like Beer Cafe founder Rahul Singh, Dheeraj Jain (Redcliffe Capital) and television actor Rannvijay Singh.
This is in addition to the USD 200,000 funding raised months back from these investors, taking the total raised amount to USD 1 million (about Rs 6.6 crore) this year.
Other investors include Ashvin Chadda, Capt Salim Sheikh (ex -Sayaji Hotels) and Avtar Monga (COO of IDFC Bank).
"We will use the funds to expand our retail presence. We currently have eight stores and by September next year, we should have 26 stores that will be a mix of company-owned and franchise-owned, company-operated models," Burger Singh CEO Kabir Jeet Singh said.
Unlike its rivals, Bu...