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Dec, 01 2018

Biryani by Kilo plans to raise up to $8 million in Series A funding

Biryani by Kilo is planning to raise close to $6-8 million in Series A funding in a bid to aid its expansion.

Biryani by Kilo (BBK) is planning to raise close to $6-8 million in Series A funding in a bid to aid its expansion. The restaurant chain also aims to cross Rs 100 crore in topline by 2020.

The company's statement stated, "BBK has a strategic plan to expand into select international markets like UAE and the UK in the next three-five years, and build a network of over 120 outlets."

Kaushik Roy, Chief Executive Officer of BBK, said, "BBK has the potential to create a global footprint by positioning biryani as an Indian counterpart to the western burger and pizza."

In June 2018, BBK had raised a Pre Series A investment led by Ajay Relan, founder of CX Partners.

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