Charcoal Biryani plans to outlet expansion across India

Mumbai-based Charcoal Biryani is nursing ambitions of becoming a pan India player. The year-old home delivery QSR incubated by Lion Ventures and HNIs has already raised $0.5 million and is now ready to raise funds as part of Series A as it plans to expand its operations beyond the city of Mumbai. The company already has 16 outlets in Mumbai, but the plan is to have 500 outlets in the next three years with a pan India presence for which we would need VC funds. Signage players with jobs in in-shop branding and fabrication must tap this new business opportunity emerged from Charcoal Biryani’s outlet expansion plan.