Gurgaon-based Sky Gate Hospitality Pvt. Ltd, which runs food startup Biryani By Kilo, is planning to raise $6-8 million in Series A round of funding to expand its operations
Bengaluru, 03 Dec, 2018. RedNewswire/-
Biryani by Kilo was founded in 2015 by two veterans of industry Kaushik Roy and Vishal Jindal is now gearing up to raise around $6-8 Mn to expand its operations.
The food chain plans to establish a strong pan-India footprint and expand into select international markets like UAE and the UK in the next three-five years. The company aims to build a network of over 120 outlets, and is eyeing revenue of Rs 100 crore by 2020.
Biryani by Kilo(BBK) is a premium delivery brand with 100% focus on delivering every order on time and offers rich customer experience which the patron would have received at a fine dining restaurant by paying an exorbitant price. BBK also plans to open select Dine in outlets in Tier I & II cities for customers to experience the brand even better.
BBK was launched with an intent to preserve the Khansama style of cooking, wherein each meal/biryani is freshly cooked with rich ingredients, unlike other brands where the food is cooked in bulk and repackaged & sold.
Earlier in June this year, BBK raised a pre-Series A investment led by Ajay Relan, founder & chairman CX Partners, and Vinay Mittal, who has held strategy and finance roles at HT Media, EXL & Max India.