Biryani Blues bags $5M to spur store expansion

Omnichannel quick service restaurant Biryani Blueshas raised $5 million in pre-series C round led by Carpediem Capital’s new fund Yugadi Capital, along with participation from other investors.

The capital infusion will support its expansion strategy, invest in hiring and upgrade operation and logistics network, it said in a press note.

The company plans to hire across functions like operational, delivery, and corporate roles as it looks to support its target of opening 100 new outlets over the next three years.

"After optimising operations and turning profitable over the past year, the company has set itself distinctly apart from competitors in this space. We believe that the food business is a long-term play, and increasing our lead in North India, before expanding to other regions remains our first priority," noted Aparna and Raymond Andrews, founders of Biryani Blues.

The Rebel Foods-backed firm currently operates 68 outlets across north India and Bengaluru, handling over two lakh monthly orders in across both dine-in and delivery formats.

Biryani Blues, which operates in the mass market space as a value for money option, clocked $10 million in revenue in the previous financial year ended March 2025, and currently has an ARR of around Rs 100 crores.

"With this infusion, we reinforce our confidence in management’s ability to scale its decade-long success. We remain committed to supporting Biryani Blues and its strong market potential," said Arvind Nair, Chairman of Carpediem Capital.

Founded in 2013 by Aparna and Raymond Andrews, Biryani Blues last raised $5 million in Series B funding from Rebel Foods in 2022. Before that, it secured $2 million in series A from Carpediem Capital Partners Fund I.