BIGGUYS, Bengaluru based homegrown chicken QSR chain, has secured a significant investment of $2 million (a little above Rs. 16.62 crore). This investment is a mix of equity and other instruments and comes from a group of Non-Resident Indians (NRIs).
“We are thrilled to see such a huge interest from NRIs who want to invest into Indian homegrown QSRs. Their belief in our vision and commitment to the Indian market is incredibly validating. This investment will be instrumental in fueling our ambitious expansion plans and solidifying our position as a leader in the Indian QSR space,” shared Biraja Rout, CEO of BIGGUYS. Rout is also the founder of Biggies Burger.
BIGGUYS has experienced explosive growth since its inception, signing up an impressive 120 stores within just one year after its launch. The latest investment will allow BIGGUYS to accelerate its expansion plans across South India, targeting key cities like Bangalore, Chennai, Odisha, and Andhra Pradesh.
The brand aims to cater to Tier 1, Tier 2, and Tier 3 cities with innovative strategies, making BIGGUYS a household name across the region.