QSR chain Biggies Burger raises Rs.5.5 Cr from IAN, others

Biggies Burger, a burger QSR chain, has raised INR 5.5 crore from Indian Angel Network (IAN) and others. Lead investors Uday Chatterjee, Jayant Mehrotra, and Ajay Upadhyaya led the funding round at IAN. LetsVenture and a Singapore-based franchise of Biggies Burger also participated in the funding round. Biggies Burger will use the funds to expand its footprint and scale its franchising network and introduce products that will be redefined as per geography. Biggies Burger serves customers across 13 states and 27 cities with over 117 franchise units.