Deelish Brands, recently awarded one of Singapore's Fastest Moving Companies by SME100, has just completed a S$2 million Pre-Series A Fundraising Round.
SINGAPORE, Nov. 10, 2022 /PRNewswire-PRWeb/ -- Deelish Brands, a Singapore-headquartered company that owns and operates a portfolio of halal restaurants, announced that it has successfully completed its S$2 million Pre-Series A round. Deelish Brands operates franchised brands which includes Fatburger & Buffalos, 800 Degrees and Blimpie. The Company has also developed original concepts, such as Buttrmilk, which serves fried chicken and waffles. Deelish Brands has eight restaurant locations in Singapore with three more currently under development.
"Our mission at Deelish Brands is to be the top choice for trendy halal food in Singapore," said Moe Ibrahim, Founder and CEO of Deelish Brands. "We've executed well thus far by growing Fatburger to be the #1 halal fast casual burger chain in the country. We are now focused on achieving that with the other brands in our portfolio."
Deelish Brands will use the proceeds from the Pre-Series A to roll out smaller footprint, multi-concept locations. The Company expects to end the year with 11 locations and has plans to double in size to over 20 locations by 2023.
"We are heading into a period of significant economic uncertainty. Labor markets are in flux, energy costs are rising, and inflation is likely to be stubborn for at least another year. We expect the consumer to be under increased pressure. In anticipation, we have adapted our strategy to focus on smaller locations that offer multi-concepts with menus at friendly price points. Many of our new locations will feature our own original concepts, such as Buttrmilk," said Moe Ibrahim.
Deelish Brands was recently awarded one of Singapore's Fastest Moving Companies by SME100. This prestigious award can be attributed to the Company's emphasis on putting the customer first. Deelish Brands Rewards is the most generous restaurant loyalty program in Singapore. Members earn cash back on every purchase, receive special rewards on their birthday and can earn unlimited bonuses for referrals.
"Our Rewards platform was developed in house given our strong desire to differentiate ourselves from the competition. At Deelish Brands, we are in the experience business. Every single customer deserves white glove treatment, even if they're just coming in to buy fries. That's why we have a WhatsApp hotline enabled in our Rewards platform as well as on each of our social media channels. We are always there for our customers," said Moe Ibrahim.
Regionally, the Company is exploring expansion opportunities in Indonesia and Malaysia, where it expects to work with established partners in these markets to continue its steady pace of growth.
About Deelish Brands
Deelish Brands owns and operates a portfolio of halal restaurants in Singapore. The Company has franchised brands such as Fatburger & Buffalos, 800 Degrees and Blimpie as well as original concepts such as Buttrmilk.
Contact Deelish Brands
CEO: Moe Ibrahim, [email protected], https://moeibrahim.com
Website: https://deelishbrands.com
Facebook https://facebook.com/deelishbrands
Instagram https://instagram.com/deelish.brands
Twitter https://twitter.com/deelishbrands
LinkedIn https://linkedin.com/company/deelishbrands
TikTok https://tiktok.com/@deelishbrands
Email: [email protected]
WhatsApp +65 8892 1050
Media Contact
Moe Ibrahim, Deelish Brands, 65 81987858, [email protected]
SOURCE Deelish Brands
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