Burma Burma raises Rs 25.46 Cr to expand footprint, eyes IPO by 2027

Quick Summary:

With the fresh capital, the company is set to double its restaurant footprint in 15 months, with a goal of 24 locations by FY26.

Its December results showed an operating profit of over 28% at the outlet level and a 19% EBITDA margin.

The round was led by Negen Capital, doubling down on its previous investment, with participation from NV Alpha Fund Management and a group of HNIs.

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Article Details

Author / Journalist: Pooja Malik

Category: StartupsEconomyBusiness

Markets: India

Topics: Crore Brand Restaurant Burma Privacy Company Footprint Raises Revenue Policy Locations

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 10:08:15 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 272 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 13 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 25281958

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