Enablers facilitates funding for Biryani By Kilo from investors including the Chandigarh Angel Network
Enablers successfully raised a seed round for premium quick service restaurant chain Biryani By Kilo from investors including Chandigarh Angels Network (CAN).
Founded in 2015 by Kaushik Roy and Vishal Jindal, Biryani By Kilo (BBK) is quick service restaurant that follows the traditional dum style biryani recipe that cooks and delivers biryani in the same handi. The brand specializes in offering 8 different types of Biryani along with a curated mughlai menu which serves kebabs, korma & breads.
BBK has changed the concept of portion size and instead started the unique idea of delivering only by weight i.e. kilo. It also has introduced the concept of “Aanch” which is provided along with every order which allows the consumers to warm their biryani at their convenience before having it.
Presently, it has 2 operational kitchens in Gurgaon and Dwarka and works on a Hub and Spoke model. Currently, it receives daily orders of 60-70 with average ticket size of INR 1,000 and 35% repeat customers.
The funding will be used for expansion in Delhi NCR to open 5 more kitchens. A part will also be spent on infrastructure and hiring new talent particularly for marketing and technology.
Biryani By Kilo enlisted with Enablers in June 2016.
Enablers is a web based deal platform that facilitates start-up companies and small and medium enterprises (SMEs) to connect with HNIs, Angels and VCs for fund raising. It helps entrepreneurs become investor ready and handhold them through various stages of fund raising.