Funding · Commerce & Consumer Brands

Burma Burma raises Rs 38 crore to expand across India

By Startup Enthusiast · 25 March 2026

What they do

Burma Burma is a premium casual dining chain specializing in Burmese cuisine and tea

The startup raised Rs 38 crore from existing investor Negen Capital and new investors Endurance Capital and Coheron Wealth

It plans to use the funds to expand into new cities and deepen presence in existing markets while maintaining food quality consistency

Burma Burma has raised over Rs 38 crore ($4 million) in private funding.
The round was led by existing investor Negen Capital with participation from new backers.
Endurance Capital and Coheron Wealth joined the company as new investors in this round.
The startup values its business at approximately Rs 500 crore ($53 million).
This follows previous funding rounds that raised a total of $7 million for the brand.
The co-founders retain an 88% ownership stake in the company after this transaction.
The capital will support expansion into new cities and deepen presence in existing markets.
The company aims to scale operations in a calibrated manner to ensure consistent customer experience.

The brand positions itself as India's only speciality Burmese Restaurant & Tea Room.
It operates in the premium casual dining segment with a distinct vegetarian menu offering.
The company has achieved significant revenue growth of about 50% CAGR over three years.
Its recent financials show strong operational profitability with an EBITDA margin around 8%.
The expansion strategy focuses on maintaining food quality consistency across new locations.

Burma Burma is a division of Hunger Pangs Private Limited founded in 2012.
It specializes in serving authentic Burmese cuisine to customers across major Indian cities.
The chain currently operates 21 outlets in seven key metropolitan areas.
Cities include Delhi NCR, Mumbai, Bengaluru, Hyderabad, Kolkata, Ahmedabad, and Chandigarh.
The brand targets the premium casual dining segment with a focus on quality service.
It offers a unique vegetarian menu option within its broader Burmese culinary offerings.
The company reported operating revenue of Rs 106 crore in FY25.
Previous fiscal year operating revenue stood at Rs 72 crore, showing steady growth.
Annual recurring revenue for the business exceeds Rs 200 crore currently.

The company plans to expand its footprint into new cities across India.
It intends to deepen its market presence in existing operational hubs.
Management aims to scale operations while strictly maintaining food quality standards.
The brand seeks to ensure consistent customer experience across all new outlets.

Negen Capital (lead) — Existing investor who participated in previous rounds and led this investment.
Endurance Capital (participated) — New investor joining the company in this latest funding round.
Coheron Wealth (participated) — New investor backing the restaurant chain's expansion plans.

Product: A premium casual dining restaurant chain focused on Burmese food.
Customers: Urban diners and families eating out at the chain’s restaurants.
How it makes money: It earns revenue from food and beverage sales across its restaurants.
What sets it apart: A focused Burmese menu with a vegetarian offering.
Operations: Operates 21 outlets across major Indian cities.