VC Fund Investments
Vegan restaurant chain Burma Burma raises $2-M more from Negen Capital, others
Mumbai-based Burmese vegan restaurant chain Burma Burma has raised USD 2 million more from several family offices and existing investor Negen Capital.Founded by Ankit Gupta and Chirag Chhajer, Burma Burma Restaurant and Tea Room sells vegan Burmese cuisine. Burma Burma currently operates 13 restaurants and delivery kitchens across India.The firm notched up its annual recurring revenue (ARR) from INR 46 crore in FY23 to over INR 100 crore in FY24 and claims to have clocked an EBITDA of over 13% in July.
In Nov-22, Burma Burma had raised USD 2 M from Negen Capital
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