{"id":15240,"date":"2021-06-03T07:00:00","date_gmt":"2021-06-03T07:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/06\/03\/deelish-brands-raises-s1-5m-in-pre-series-a-round\/"},"modified":"2021-06-03T07:00:00","modified_gmt":"2021-06-03T07:00:00","slug":"deelish-brands-raises-s1-5m-in-pre-series-a-round","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/06\/03\/deelish-brands-raises-s1-5m-in-pre-series-a-round\/","title":{"rendered":"Deelish Brands Raises S$1.5M In Pre-Series A Round"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>SINGAPORE &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media<br \/>\nOutReach<\/a>\u00a0&#8211; 3 June 2021<strong>\u00a0<\/strong>&#8211;\u00a0<a href=\"https:\/\/www.deelishbrands.com\/\">Deelish Brands<\/a>, a<br \/>\nSingapore-based restaurant management company, announced that it has raised<br \/>\nover S$1.5 million in a Pre-Series A round led by Calibre Capital with<br \/>\nparticipation from several other notable local investors.\u00a0 Deelish Brands is the Singapore master<br \/>\nfranchisee for notable fast casual restaurant brands such as Fatburger &amp;<br \/>\nBuffalos, 800 Degrees and Blimpie.\u00a0 The<br \/>\nCompany currently has seven restaurant locations, five of which are Fatburger.<\/p>\n<p>\u00a0<\/p>\n<p>&#8220;We launched Deelish Brands with a very specific<br \/>\nstrategy in mind, that is, to take trendy Western fast casual restaurant<br \/>\nbrands, adapt them for the halal consumer, and launch them in Southeast Asia,&#8221;<br \/>\nsaid <a href=\"https:\/\/www.moeibrahim.com\/\">Moe<br \/>\nIbrahim<\/a>, Founder and CEO of Deelish Brands.\u00a0 &#8220;The value of the Muslim market worldwide is<br \/>\npoised to increase from US$2.2 trillion in 2018 to US$3.8 trillion by 2024.&#8221;<\/p>\n<p>\u00a0<\/p>\n<p>In just over two years, <a href=\"https:\/\/www.fatburgersg.com\/\">Fatburger Singapore<\/a> has<br \/>\ngrown to be the largest halal, fast casual burger chain in Singapore.\u00a0 Deelish Brands will use the proceeds from the<br \/>\nPre-Series A round to roll out the <a href=\"https:\/\/www.800degreessg.com\/\">800 Degrees<\/a> and <a href=\"https:\/\/www.blimpiesg.com\/\">Blimpie<\/a><br \/>\nbrands in similar fashion, while continuing to expand the number of Fatburger<br \/>\nlocations.\u00a0 The Company aims to grow its<br \/>\nfootprint to at least a dozen locations by early 2022.<\/p>\n<p>\u00a0<\/p>\n<p>Expansion opportunities will be considered in both<br \/>\nSingapore as well as neighboring countries throughout Southeast Asia, namely<br \/>\nIndonesia and Vietnam.\u00a0 Deelish Brands<br \/>\nwill also consider acquisitions, joint ventures and other partnerships as it<br \/>\nexpands regionally.<\/p>\n<p>\u00a0<\/p>\n<p>Proceeds will also be used to continue to invest in<br \/>\nthe Company&#8217;s proprietary technology platform, Deelish Brands Solutions.\u00a0 The current suite of software includes a<br \/>\nrobust <a href=\"https:\/\/rewards.deelishbrands.com\/\">loyalty<br \/>\nplatform<\/a> and various types of CRMs built specifically<br \/>\nfor both the customers and employees of restaurants.\u00a0 Deelish Brands Solutions has already begun to<br \/>\ncontribute revenue to the group by offering select solutions to other<br \/>\nrestaurant operators in Singapore.\u00a0 The<br \/>\nCompany intends to grow this business unit further in the coming year.<\/p>\n<p>\u00a0<\/p>\n<p>&#8220;We are an F&amp;B business that is transforming the<br \/>\nSingapore halal food scene.\u00a0 We do this<br \/>\nby focusing on technology, store design and the customer experience, at every<br \/>\ntouch point.\u00a0 We also happen to serve<br \/>\namazing food,&#8221; said Moe Ibrahim.<\/p>\n<p>\u00a0<\/p>\n<p>Deelish Brands aims to attract, engage and retain<br \/>\ncustomers in a manner that drives repeat business, incremental business and<br \/>\nmost importantly, quality referrals.\u00a0 &#8220;The<br \/>\naverage restaurant collects a vast amount of data on a daily basis, and does<br \/>\nnothing with it,&#8221; says Moe Ibrahim.\u00a0 &#8220;Many<br \/>\nrestaurants serve hundreds of customers a day and make no effort to get to know<br \/>\nany of them.\u00a0 This is a massive and<br \/>\nobvious market gap that we aim to fill with our technology solutions.&#8221;<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-06-03\/80416\/deelish-brands-raises-s1-5m-in-pre-series-a-round\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211;\u00a0Media OutReach\u00a0&#8211; 3 June 2021\u00a0&#8211;\u00a0Deelish Brands, a Singapore-based restaurant management company, announced that it has raised over S$1.5 million in a Pre-Series A round led by Calibre Capital with participation from several other notable local investors.\u00a0 Deelish Brands is the Singapore master franchisee for notable fast casual restaurant brands such as Fatburger &amp; Buffalos, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/15240"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=15240"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/15240\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=15240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=15240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=15240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}