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Steadfast in its commitment to becoming India’s most beloved burger chain
Good Flippin’ Burgers, a Mumbai-based startup, has successfully raised $4 million in its latest Series A round of funding via Tanglin Venture Partners. This cash infusion not only bolsters the company’s financial resources for growth but also solidifies its ambitions as it continues its journey of becoming the most loved burger brand in India. Good Flippin’ Burgers raised $1 million in April 2022 and have grown 3X this past year.
Looking towards the future, Good Flippin’ Burgers has set ambitious plans for the next 12 months post this round of funding. The company will primarily concentrate on geographical expansion, reinforcing its supply chain, and further refining its dining and quick service models. These strategic initiatives will position Good Flippin’ Burgers as a dominant player in the market, poised to meet the growing demand for delicious burgers across diverse regions. Ashika Capital was a financial advisor to this round.
The brand currently has a total of 23 outlets and rising across Mumbai and Delhi with a headcount of more than 295+ employees. With 16 stores across Mumbai, the brand has also made inroads in Delhi with 7 outlets.