IIM BG Magazine 4 | Page 14

Burger Singh specialises in burgers with desi flavours

abeer Singh and Nitin Rana started their venture as Burger Singh in November 2014. It is a quest to provide desi flavors while serving burgers. The Gurgaon-headquartered startup has fast expanded into a chain of quick service restaurants (QSR) with 25 outlets—20 in Delhi NCR, one each in Dehradun, Pune and Nagpur and two in the UK. The startup’s specialities include Pao Bhaji and Channa burgers for vegetarians, while versions of Udta Punjab, United States Punjab have found favour with both vegetarians and non-vegetarians.

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Fintech startup OptaCredit in early talks to raise $8-10 million

lternative-lending firm OptaCredit is reportedly in early talks to raise around $8-10 million to fund its expansion and growth plans. The fintech startup, focused on untouched salaried employees, had earlier raised an undisclosed amount as part of its Pre-Series A.

As per a statement released by the company, OptaCredit has secured additional credit lines of Rs 200 crore from DMI Finance. This is on top of the initial Rs 25 crore line which was reported early this year. It is reportedly also in discussions with multiple other institutions for additional credit lines.

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