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Charcoal Eats Gains INR 45 Crore Investment for Growth and Expansion

April 07, 2025 2 min read
author Anamika Mishra [Sub Editor]
Quick service. Charcoal Eats, a restaurant company, recently announced that it has secured financing of INR 45 crore. The financing round was led by Girish Patel, the founder of Paras Pharma. Investors in the round included Anil Sanghvi, chairman of Sanghvi Erectors, Ajinkya Firodia, MD of Kinetic Group, and former banker Rajiv Jain. The company operates brands such as Charcoal Eats for Biryani and B Burger in Mumbai, Pune, and Delhi NCR. Charcoal Eats intends to use this funding to boost brand operations and increase its footprint both domestically and internationally. Krishnakant Thakur, co-founder of Charcoal Eats, stated, "For nearly a decade, Charcoal Eats has been delighting customers with scrumptious biryanis. We expanded the menu to include delicious burgers in response to consumer demands and market gaps. This influx of funds will be used to expand our brand building efforts, distribution network, technology integration, and exploration of fresh markets outside of the country. Revenues are expected to increase fivefold during the following two years. With a capex and

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