NEW DELHI: Biryani Blues, a quick service restaurant chain, on Tuesday announced that it has raised $5 million (over Rs 40 crore) in a funding round led by Carpediem Capital’s new fund, Yugadi Capital, along with participation from other investors.The pre-Series C funding will facilitate expansion plans, strengthen workforce across departments, and improve operational and logistical capabilities. The company aims to establish more than 100 additional outlets within the next three years, as stated in their announcement.“We are poised to accelerate our expansion by opening over a 100 new brand stores over the next three years, in popular high street markets and malls across north India,” Biryani Blues Co-founder Raymond Andrews said, according to news agency PTI.Previously, Biryani Blues obtained $5 million in Series B funding from Rebel Foods in FY22. The company had earlier received $2 million in Series A funding from Carpediem Capital Partners Fund I between FY 2016 and FY 2017.The company reported revenue of $10 million in FY25, with its valuation reaching $30 million following the recent funding. The company, operating under Thea Kitchen Pvt. Ltd, currently manages 68 outlets throughout North India and Bengaluru.