Delivery-focused fast-food brand Burgerama has raised $700,000 (Rs 5 crore) in pre-Series A round led by Anicut Angel Fund with participation from new and existing investors such as Rishab Malik (Droom, Madison Capital, Jungle Ventures), Ashvin Chadha (Co-founder, Anicut Capital), Atul Singh (Ex Group CEO Apac, Coca-Cola), Bikky Khosla (Chairman, TradeIndia.com), and Arjun Seth (Angel Investor), among others.
The startup would use this investment to expand its geographical presence across North India, along with entering Tier-I cities like Mumbai and Bengaluru. The company has raised $1 million to date. The last round, led by Madison Capital and Anicut Angel Fund, was raised in September 2020.