Good Flippin’ Burgers has raised $4 million in a Series A round of funding led by Fireside Ventures. The round also saw participation from existing investors such as Sixth Sense Ventures, Inflection Point Ventures, and DSG Consumer Partners.
Good Flippin’ Burgers, founded in 2019 by Rahul Singh and Saurabh Aggarwal, has successfully raised funds in its Series A round. These funds will be used to expand the brand’s presence in India, invest in technology, and create new products. The company currently operates 20 outlets in Mumbai and Delhi, but with the additional funding, they plan to open 100 more outlets within the next two years.
Good Flippin’ Burgers has gained recognition for its delicious burgers, fries, and shakes. They use fresh, high-quality ingredients, and customers appreciate their commitment to quality. Rahul Singh, the CEO, stated that the funding will help them grow rapidly and become India’s top burger chain. He emphasized their dedication to delivering an exceptional burger experience.
Good Flippin’ Burgers recently secured Series A funding, indicating the growing demand for burgers in India. Experts predict a 15% CAGR in the market over the next five years. With its strong position and recent funding, the company is poised to benefit from this expected market growth.
The four year-old startup competes with Burger Singh, WhataBurger and Biggies Burger. In September 2022, quick service restaurant (QSR) chain Biggies Burger secured Rs 5.5 crore in seed round led by Indian Angel Network (IAN). Burger Singh also scooped up Rs 30 crore in Series A round led by Negen Capital in July last year.
