QSR chain Biryani Blues raises $5 million from Carpediem Capital fund, others

May 13, 2025

, By The Economic Times

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Biryani Blues, a quick service restaurant (QSR) chain, has raised $5 million (about Rs 42 crore) in a funding round led by private equity firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/carpediem-capital” target=”_blank”>Carpediem Capital’s new fund, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/yugadi-capital” target=”_blank”>Yugadi Capital.The round was closed at a Rs 250 crore (around $30 million) valuation, which is a 51% premium to Biryani Blues’ valuation after a funding round in 2021.

The funds will be used to open 100 new outlets, hire talent, and improve operations and logistics.

Founded in 2013 by Raymond Andrews and Aparna Andrews, the Gurugram-based brand operates three formats: Express…

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QSR chain Biryani Blues raises $5 million from Carpediem Capital fund, others

May 13, 2025

, Published By The Economic Times

Biryani Blues, a quick service restaurant (QSR) chain, has raised $5 million (about Rs 42 crore) in a funding round led by private equity firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/carpediem-capital” target=”_blank”>Carpediem Capital’s new fund, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/yugadi-capital” target=”_blank”>Yugadi Capital.The round was closed at a Rs 250 crore (around $30 million) valuation, which is a 51% premium to Biryani Blues’ valuation after a funding round in 2021.

The funds will be used to open 100 new outlets, hire talent, and improve operations and logistics.

Founded in 2013 by Raymond Andrews and Aparna Andrews, the Gurugram-based brand operates three formats: Express…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Inner workings of AI an enigma – even to its creators

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