Good Flippin' Burgers, Founded by Trio with Diverse Backgrounds, Raises $4 Million in Funding Round

Good Flippin' Burgers, a burger chain in India, has raised $4 million in its latest Series A funding round. Tanglin Venture Partners are the principal investors in this significant funding round that serves to enhance the company's financial potential for further expansion.

This recent capital influx marks a period of notable growth for Good Flippin' Burgers, which had previously secured $1 million in funding in April 2022.

The company has tripled its growth over the past year, positioning itself as a significant player in the quick-service restaurant (QSR) sector.

The founders, Viren Dsilva, Sijo Mathew, and Sid Marchant, have truly embodied the entrepreneurial spirit by leaving their established corporate careers to chase their dream of crafting the perfect burger. Each founder brings a diverse and enriching experience to the table.

Mathew is a veteran who served with the US military and NATO in the rugged terrains of Afghanistan. Marchant brewed success with Tata Starbucks, and Dsilva managed the pulse-racing sports franchises Kerala Blasters and Thamil Thailvas.

Good Flippin' Burgers was launched in 2019 in Mumbai. The brand currently has a total of 23 outlets and rising across Mumbai and Delhi with a headcount of more than 295+ employees. With 16 stores across Mumbai, the brand has also made inroads in Delhi with 7 outlets.


Looking towards the future, Good Flippin' Burgers has set ambitious plans for the next 12 months post this round of funding. The company will primarily concentrate on geographical expansion, reinforcing its supply chain, and further refining its dining and quick service models.

These strategic initiatives will position Good Flippin' Burgers as a dominant player in the market, poised to meet the growing demand for delicious burgers across diverse regions. Ashika Capital was a financial advisor to this round.

"We are thrilled to have secured this funding and garnered the support of respected investors," said Viren DSilva, Co-founder: Good Flippin' Burgers as he commented on the latest round.


"This investment is a significant milestone for us and will empower us to expand our operations, fortify our supply chain, and bring our delicious burgers to an even wider customer base. We are grateful for the overwhelming love and support we have received from our loyal patrons and will continue to keep delighting them with our product portfolio."

"Viren, Sid and Sijo are exceptional founders with extreme customer obsession and process orientation. They have built a strong brand in Good Flippin' Burgers with extraordinary customer love,” said Sankalp Gupta, Partner at Tanglin Venture Partners.

“We are really impressed with their focus on supply chain capabilities which has enabled them to maintain highest level of quality as well as consistency across their store footprint. At Tanglin, we are extremely excited to be partnering with the team and look forward to working with them towards building an enduring business."

From all-time favourites adored by celebrities to innovative offerings that cater to a range of tastes, Good Flippin' Burgers is steadfast in its commitment to becoming India's most beloved burger chain. - TWL Bureau