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Home News Bakery and Cafes

Good Flippin’ Burgers Raises $4 Million in Series A Funding

Bobby by Bobby
ஜூன் 22, 2023
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Good Flippin’ Burgers Raises $4 Million in Series A Funding

-KH News Desk (cbdigital@imaws.org)

Good Flippin’ Burgers, the popular burger chain known for its mouth-watering burgers, has successfully raised $4 million in its latest Series A funding round led by Tanglin Venture Partners. This funding not only provides the company with additional financial resources for growth but also strengthens its aspirations to become the most loved burger brand in India.

Founded by Viren Dsilva, Sijo Mathew, and Sid Marchant, who left their corporate careers to pursue their passion for serving the perfect burger, Good Flippin’ Burgers has seen remarkable growth, with a 3X increase in revenue over the past year. With this new round of funding, the company has set ambitious plans for the next 12 months, focusing on geographical expansion, strengthening the supply chain, and enhancing the dining and quick service models.

By strategically expanding its presence and refining its operations, Good Flippin’ Burgers aims to become a dominant player in the market, catering to the increasing demand for delicious burgers across diverse regions. Ashika Capital acted as a financial advisor for this funding round.

“We are thrilled to have secured this funding and garnered the support of respected investors,” Viren DSilva, Co-founder: Good Flippin’ Burgers said as he commented on the latest round. “This investment is a significant milestone for us and will empower us to expand our operations, fortify our supply chain, and bring our delicious burgers to an even wider customer base. We are grateful for the overwhelming love and support we have received from our loyal patrons and will continue to keep delighting them with our product portfolio.”

“Viren, Sid, and Sijo are exceptional founders with extreme customer obsession and process orientation. They have built a strong brand in Good Flippin’ Burgers with extraordinary customer love. We are really impressed with their focus on supply chain capabilities which has enabled them to maintain the highest level of quality as well as consistency across their store footprint. At Tanglin, we are extremely excited to be partnering with the team and look forward to working with them towards building an enduring business,” said Sankalp Gupta, Partner at Tanglin Venture Partners. 

Good Flippin’ Burgers differentiates itself by its unwavering focus on people, processes, and scalable operations. With a commitment to four key pillars—people, processes, product, and patrons—the brand has established itself as an industry leader, delivering exceptional dining experiences and a diverse range of burger offerings. From all-time favorites loved by celebrities to innovative creations, Good Flippin’ Burgers aims to be the most beloved burger chain in India.

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