Biryani by Kilo Raises INR 30 Cr in Series A

Delhi- NCR based Biryani By Kilo (BBK) has raised $4.3 Mn (INR 30 Cr)  in its Series A round of funding led by IvyCap Ventures.

The biryani delivery startup will use the fund to expand the geographic presence across West and North India and for improving its platform, product and technology.

“We are committed to making Biryani By Kilo leading premium pan India & worldwide Biryani & Kebab chain in next 4-5 years,” shared Vishal Jindal, Co-Founder & Director, Biryani By Kilo.

The company delivers three different variants of biryani– Hyderabadi, Lucknowi & Kolkata and provides customers with few basic tools to create the “dum” (which is to say heating of the earthen pot which is sealed from outside) at home just before eating.

“There is a tremendous opportunity for emergence of pan-India Biryani-focused chains, along with room for expansion into international markets. The founding team comes with extensive experience and demonstrable track-record of scaling-up F&B businesses. Further the business has demonstrated strong financial performance coupled with robust growth since inception with clear focus on capital efficiency,” said Vikram Gupta, Founder & MD, IvyCap Ventures.

The company primarily operates under the cloud-kitchen model with few dine-ins at select locations based on latent demand.

Biryani by Kilo also sells other complimentary products such as kebabs, korma, breads, and desserts.

Founded in 2015 by Kaushik Roy, Ritesh Sinha, and Vishal Jindal, Biryani By Kilo has previously raised about $1.8 Mn in seed funding and some of the investors include Ajay Relan, Chairman at CX Partners, Chandigarh Angels Network, ex-Evalueserve chief operating officer Ashish Gupta and GlobalLogic’s Sunil Singh.