Premium dining brands attract investor interest as Burma Burma raises ₹38 crore at ₹500 crore valuation

March 25, 2026

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Chirag Chhajer and Ankit Gupta, Co Founders of Burma Burma, said the funding will support expansion across new and existing markets with participation from Negen Capital, Endurance Capital and Coheron Wealth

Investor interest in premium dining brands is gaining pace, with Burma Burma raising over ₹38 crore in a private funding round, valuing the company at approximately ₹500 crore.
The round saw participation from existing investor Negen Capital along with new investors Endurance Capital and Coheron Wealth.
Founded in 2012, Burma Burma operates 21 restaurants across cities including Delhi NCR, Mumbai, Bengaluru, Hyderabad, Kolkata, Ahmedabad and Chandigarh, focusing on Burmese cuisine within the premium casual dining segment.

The company reported annual recurring revenue exceeding ₹200 crore, with revenue growing at around 50 percent CAGR over the last three years. For FY25, it recorded outlet level profitability of over 21 percent and an EBITDA margin of approximately 8 percent.
The company’s valuation has grown from ₹150 crore to ₹500 crore over the past three years, supported by expansion across metro markets and improvements in unit economics.
The fresh capital will be used to expand into new cities and strengthen presence in existing markets, as demand grows for differentiated dining formats.

Chirag Chhajer and Ankit Gupta, Co Founders of Burma Burma, said, “We have built Burma Burma as a cuisine led dining brand with a focus on consistency, unit economics and customer experience. This fundraise allows us to accelerate expansion while maintaining the positioning that defines the brand.”
Neil Bahal, Founder of Negen Capital, said, “Burma Burma has built a differentiated positioning with its menu and approach. Its focus on fresh preparation and a vegetarian, alcohol free format supports customer loyalty and long term growth potential.”

The transaction was advised by Niamh Ventures, which acted as the investment banker for the deal.
The development reflects growing investor focus on organised dining chains that combine strong unit economics with distinct cuisine positioning in India’s evolving food and hospitality sector.

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The transaction was advised by Niamh Ventures, which acted as the investment banker for the deal.The development reflects growing investor focus on organised dining chains that combine strong unit economics with distinct cuisine positioning in India’s evolving food and hospitality sector.

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The transaction was advised by Niamh Ventures, which acted as the investment banker for the deal.
The development reflects growing investor focus on organised dining chains that combine strong unit economics with distinct cuisine positioning in India’s evolving food and hospitality sector.