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Biryani Blues Raises $5 Million from Yugadi Capital

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• Biryani Blues raised $5M in pre-Series C funding led by Yugadi Capital.
• Plans to open 100 new stores in the next 3 years.
• Achieved Rs 100 crore ARR with 200,000+ monthly orders.

Biryani Blues, an omnichannel quick-service restaurant chain, has raised $5 million in a pre-Series C funding led by Carpediem Capital's fresh fund, Yugadi Capital, with the participation of some other investors. The funding will support the expansion plans of the company, increase the hiring process, and strengthen its operations and network logistics, according to a press release.

The firm plans to hire across different functions such as operations, delivery, and corporate roles to enable it to achieve its target of opening 100 new stores in the next three years. "After streamlining our operations and becoming profitable in the last year, we have distinctly outgrown competitors in this space. We consider the food business a long-term investment, and our immediate focus is to consolidate our position in North India before we look to other markets," said Aparna and Raymond Andrews, founders of Biryani Blues.

Supported by Rebel Foods, the company now has 68 locations in North India and Bengaluru and fulfills more than 200,000 orders every month through dine-ins and deliveries. Biryani Blues, a value-for-money brand in the mass market, had clocked $10 million in revenue in the year ending March 2025 and now has an annual recurring revenue (ARR) of around ₹100 crores.

"By making this investment, we again express our belief in the ability of the management to take its ten-year record of success to scale. We are committed to backing Biryani Blues and its substantial market opportunity," said Arvind Nair, Chairman of Carpediem Capital.

Biryani Blues, which was established in 2013 by Aparna and Raymond Andrews, earlier raised 2 million Series A funding from Carpediem Capital Partners Fund I.