NEW DELHI: Former Roadies host Rannvijay Singh recently celebrated a significant financial success, achieving a 10x return on his partial exit from the popular burger chain, Burger Singh.
“Investing in Burger Singh was a decision driven by my belief in the brand’s potential and its unique approach to the Indian fast-food market. The impressive growth of the company and the successful partial exit is a testament to the hard work of the Burger Singh team and the solid business model they have established,” Rannvijay Singh stated while commenting on his successful investment strategy.
According to several media reports, Singh invested in the food chain back in 2016. His involvement extended beyond finances, as he actively supported the brand, leveraging his popularity to promote and grow businesses.
In December, Burger Singh raised pre-Series B funding led by Turner Morrison Ltd, increasing its valuation to USD 52 million from the previous USD 23 million in July 2022, with support from investors like Ashvin Chadha, Vikramaditya Mohan Thapar, Mumbai Angels, and LetsVentures.
Reportedly, the recent financial achievement adds to Rannvijay’s portfolio of notable investments in startups like Rage Coffee, Ultravilotte, Hypd, Noto, Assembly, ABC Fitness, Eyewearlabs, Whiskers, and Leverage Edu, showcasing his influential role in the startup community.
