Good Flippin' Burgers, a quick service burger chain has elevated Rs. 30 crore (roughly $3.6 million) in an extended Series A round from its current financial backer Tanglin venture partners.

According to the company’s administrative recording gotten to from the RoC shows, the board at Good Flippin' Burgers has passed an extraordinary goal to give 34,366 Series A1 combined necessary convertible preference shares at an issue cost of Rs. 8739.56 each to raise Rs 30 crore. With this, the organization has tied down $8.6 million to date including a $4 million Series A round drove by Tanglin venture Partners in June 2023. As indicated by TheKredible estimation, the organization has been esteemed at around Rs. 400 crore or $48 million (post-cash).

This signifies a 3X development in the valuation when contrasted with its last financing. Established by Viren D'silva, Sijo Mathew, and Sid Marchant, Good Flippin' Burgers as of now has 25 outlets across Mumbai, Delhi, Gurgaon, and Noida. The outlets offer delivery benefits directly through their site and online aggregators like Zomato & Swiggy.

Five-year-old Good Flippin' Burgers announced solid development in its scale during FY23 as its working income spiked 3.58X to Rs 32.53. With regards to the main concern, the organization posted Rs. 3.91 crore misfortune in the financial year 2023. It's yet to uncover its FY24 numbers. The Mumbai-based startup rivals Burger Singh, Whataburger, and Big deal Burger.