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Biryani Blues | A biryani QSR aiming to add 100 outlets in three years from a base of 68

2026.03.26

Article summary
Biryani Blues (operated by Thea Kitchen Private Limited) is a biryani-focused QSR founded in Delhi NCR in 2013. Its founders are Aparna Andrews and Raymond Andrews. As of May 2025 it had 68 outlets in north India and Bengaluru, with more than 200,000 orders a month. It raised 5 million dollars from Rebel Foods in the year ended March 2022, and 5 million dollars in a pre-Series C led by Yugadi Capital in May 2025. The valuation at that point was about 30 million dollars, three times its revenue scale for the year ended March 2025 (an annualized run rate of around ₹100 crore, where 1 crore = 10 million rupees). It has set out a plan to add more than 100 outlets in north India over the next three years.
This article is based on what we could verify As of September 19, 2026 This page is based on the disclosures and news reports from each company that we were able to confirm as of that date. Amounts in the text follow the notation commonly used in India, with ₹1 crore = 10 million rupees, and yen figures are approximations calculated at a little over 1.7 yen to the rupee. Store counts, funding raised, and results at Indian companies change over short periods, so when making a business decision, please check the latest information in primary sources such as each company's own announcements.

Biryani Blues is a chain that sells biryani, one of the most ordered dishes in India, standardized into a QSR format. It raised 5 million dollars in May 2025 and has set out plans to open more than 100 additional outlets in north India.

Company profile

Item Details
Operating company Thea Kitchen Private Limited
Year founded 2013
Headquarters Delhi NCR
Founder Aparna Andrews, Raymond Andrews
Number of stores 68 outlets (as of May 2025, in north India and Bengaluru)
Revenue scale Around ₹100 crore annualized (run rate as of the year ended March 2025)
Monthly orders More than 200,000
Total funding Series A 2 million dollars (Carpediem Capital), Series B 5 million dollars (Rebel Foods), pre-Series C 5 million dollars (May 2025, led by Yugadi Capital)
Listing Unlisted

Why biryani is hard to run as a chain

Biryani ranks near the top of the dishes ordered for delivery in India, yet specialist chains rarely grow. Layering rice and meat and cooking them through takes time, and the result varies easily from one outlet to the next. Well-known shops exist in every region, but they seldom turn into national brands.

Since it was founded in 2013, the company has expanded its outlets mainly in north India. It has broken the cooking process into steps to reduce the work done at the outlet, with the main aim of delivering the same quality both for delivery and in the dining room.

Rebel Foods invested, and money has kept coming in since

It raised 2 million dollars from Carpediem Capital in 2016 to 17 and 5 million dollars from the cloud kitchen group Rebel Foods in the year ended March 2022. In May 2025 it gathered 5 million dollars in a pre-Series C led by Yugadi Capital, a new fund from the Carpediem stable.

The valuation at that point was about 30 million dollars, roughly three times its revenue scale for the year ended March 2025 (an annualized run rate of around ₹100 crore). That is a modest multiple for a fast-growing company, which shows it is being valued as a restaurant chain.

Recent developments

As of May 2025 it had 68 outlets and more than 200,000 orders a month. It says the money raised will go toward adding more than 100 outlets in north India over the next three years and toward strengthening logistics and staffing. It has set out a policy of sticking to Delhi NCR and the north and concentrating on areas where a new outlet turns profitable within three months.

Reference Information

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