Burger chain, Good Flippin’ Burgers, has raised $ 4 million in its latest Series A round of funding via Tanglin Venture Partners. This cash infusion not only bolsters the company’s financial resources for growth but also solidifies its ambitions as it continues its journey of becoming the most loved burger brand in India. Good Flippin’ Burgers raised $1 million in April 2022 and have grown 3X this past year.
Founded by Viren Dsilva, Sijo Mathew, and Sid Marchant, who left their corporate careers to pursue their dream of serving the perfect burger. Looking towards the future, Good Flippin’ Burgers has set ambitious plans for the next 12 months post this round of funding.
The company will primarily concentrate on geographical expansion, reinforcing its supply chain, and further refining its dining and quick service models. These strategic initiatives will position Good Flippin’ Burgers as a dominant player in the market, poised to meet the growing demand for delicious burgers across diverse regions. Ashika Capital was a financial advisor to this round.
Viren DSilva, Co-founder, Good Flippin’ Burgers, said, “We are thrilled to have secured this funding and garnered the support of respected investors. 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.”
Sankalp Gupta, Partner at Tanglin Venture Partners, said, “Viren, Sid and Sijo are exceptional founders 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”.
According to the brand, its focus on people, processes, and scalable operations distinguishes its team. The brand adheres to the principle of being built for scale, with a conscious approach to every aspect of its operations.
By prioritizing four key pillars—people, processes, product, and patrons—the company has established itself as an industry player.