BiryaniByKilo, a delivery-led food startup, has raised ₹30 crores in a Series A round from homegrown task capital firm IvyCap Ventures, it said on Friday.
The agency is centered on Nizami & Mughlai delicacies, making special conventional dum-style sparkling biryani and different complementary merchandise with kebabs, korma, bread, and cakes. It ordinarily operates beneath the cloud-kitchen version, where it has the most convenient delivery with few dine-ins at select places based on the latest call for.
Over the ultimate 3 years, BBK has accelerated to twenty stores operational throughout Delhi NCR, Mumbai, Chandigarh, Mohali, and Ludhiana.
Founded using Kaushik Roy, Vishal Jindal, and Ritesh Sinha in 2015, BBK will use the budget raised broadly speaking for expanding their geographic presence across West & North India and enhancing their platform, product, generation, attain, and performance.
“Biryani is a dish with huge popularity and is already ranked as the most ordered meal by main food delivery aggregators in India. The Biryani marketplace in India is envisioned to be approximately. ₹1,500 crores in the prepared area and ₹15,000 crores within the unorganized quarter, as in line with Industry reports,” the declaration said.
Vikram Gupta, founder & co-portfolio partner at IvyCap Ventures, said, “There is an awesome possibility for the emergence of pan-India Biryani-focused chains, alongside room for growth into worldwide markets.” “The founding team comes with a good-sized enjoy and demonstrable track record of scaling up F&B companies,” he brought.
The cloud kitchen version for Biryanis has seen consumer and investor traction in India, led through Rebel Foods, satisfactorily recognized for its Faasos brand. Rebel also homes the Behrouz Biryani logo of biryani cloud kitchens, which is considered one of Rebel’s quickest developing segments.
I’ve always loved food and I’ve always loved sharing my love of food with the world. This love led me to become a professional foodie, opening my very own restaurant called The Great American Cafe and writing a blog called Foodieso.com, where I’ve been able to share my recipes, ideas and thoughts about food.
