Homegrown burger brand Good Flippin' Burgers has raised $4 million in a new funding round led by Tanglin Venture Partners with the aim to fuel its growth and establish itself as the most beloved burger brand in the country.
The development comes after Good Flippin' Burgers raised $1 million in April 2022 and witnessed impressive growth, expanding threefold in the past year.
The startup was founded by Viren Dsilva, Sijo Mathew, and Sid Marchant, who left their corporate careers to pursue their dream of serving the perfect burger.
With this Series A funding, the startup said it would focus on expanding its presence to new locations, strengthening its supply chain, and improving its dining and quick service models.
Good Flippin' Burgers aims to establish itself as a dominant player in the market and meet the increasing demand for delectable burgers across different regions, the startup said.
“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 fo unders 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 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.
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