QSR chain Burger Singh raises $8.8 million led by Artal Asia

Quick service restaurant (QSR) chain Burger Singh has raised $8.8 million (Rs 82 crore) led by Artal Asia, with participation from new and existing investors such as Negen Undiscovered Value Fund, Aurum Rising India Fund, and more.

With this, Burger Singh will have a post-money valuation of Rs 520 crore, according to the company.

The fund will be utilised to strengthen its tech and operations, expand its franchise ecosystem, and enhance its supply chain integration and on-ground market support. The company has over 200 stores across 100 cities, built on a franchise model.


Founded in 2014 by Kabir Jeet Singh, Nitin Rana, and Rahul Seth, Burger Singh offers made-in-India burgers and fast food items like fries, momos, beverages, and desserts. The QSR differentiates its offerings through Indian flavours and names, and affordable pricing.

“Burger Singh is building a franchise-first machine with the systems, supply chain, design standards, training, and operating discipline required to make store ownership more structured and more repeatable. We are not just opening outlets; we are building the platform Indian entrepreneurs can plug into to create successful restaurant businesses,” said Singh, who’s also the chief executive.

So far, the company has raised over $20 million in funding.

In FY25, the company clocked revenues of Rs 117 crore versus Rs 79 crore in FY24, as it expanded across both metro and non-metro markets. Its net loss for FY25 stood at Rs 3.86 crore, down 86% from Rs 27.9 crore reported in FY24.