Welcome to the world of Biryani By Kilo, where delectable biryanis and succulent kebabs take center stage. In this article, we delve into the exciting journey of this rising star in the biryani and kebab industry. Recently, Biryani By Kilo secured a significant funding of $9 million, propelling them towards further growth and expansion. Join us as we explore their success story, expansion plans, and valuation, shedding light on their remarkable achievements in the culinary realm.
The Journey of Biryani By Kilo
Explore the humble beginnings and rapid growth of Biryani By Kilo
Every success story has its roots, and Biryani By Kilo is no exception. Founded in 2015 by Kaushik Roy and Vishal Jindal, this biryani and kebab chain started with a vision to bring authentic flavors and culinary delights to food enthusiasts.
Starting with a single outlet, Biryani By Kilo soon captured the hearts and taste buds of biryani lovers across various regions, including Chandigarh, Mumbai, Jaipur, Kolkata, Bengaluru, and Delhi-NCR. With a commitment to quality and a passion for delivering the best, the brand quickly gained popularity and established a loyal customer base.
Today, Biryani By Kilo stands as a shining example of entrepreneurial success, with its journey marked by innovation, expansion, and a dedication to serving mouthwatering biryanis and kebabs.
Securing Funding for Growth
Discover how Biryani By Kilo raised significant funding to fuel its expansion plans
Every successful business needs capital to fuel its growth, and Biryani By Kilo has been no exception. In a recent Series C funding round, the company raised approximately $9 million, with participation from existing investors such as Alpha Wave Ventures and IvyCap Ventures.
This funding injection will play a crucial role in supporting the brand's ambitious expansion plans. Biryani By Kilo aims to raise a total of $25 million during this funding round, enabling them to further enhance their presence in existing markets and explore new territories.
With this significant funding, Biryani By Kilo is well-positioned to continue its upward trajectory and solidify its position as a leading player in the biryani and kebab industry.
Valuation and Growth Potential
Uncover the valuation and growth potential of Biryani By Kilo
As Biryani By Kilo continues to make waves in the culinary world, its valuation reflects its success. Analysts estimate the company's annualized rate of return to be between Rs 250-300 crore, valuing the brand at around Rs 800-850 crore.
These impressive figures highlight the growth potential of Biryani By Kilo. With a loyal customer base, a strong presence in multiple cities, and a commitment to delivering exceptional dining experiences, the brand is poised for further expansion and success in the coming years.
Previous Funding Rounds and Achievements
Learn about the previous funding rounds and notable achievements of Biryani By Kilo
Biryani By Kilo's recent funding success is not its first taste of investment. In November 2021, the company raised $35 million in its Series B funding round, led by Falcon Edge. This funding round valued the brand at approximately $125 million, showcasing the confidence investors have in its potential.
Prior to that, Biryani By Kilo secured pre-Series A funding in November 2017 and raised Rs 30 crore in its Series A round led by IvyCap Ventures in June 2019. These funding rounds have not only provided the necessary capital for growth but also served as a testament to the brand's appeal and market potential.
Alongside its funding achievements, Biryani By Kilo has garnered recognition for its culinary excellence. With numerous positive reviews, awards, and a growing customer base, the brand continues to make a mark in the competitive food industry.
