Denies Funding - Business Outrank

Burger Singh denied funding rumors after a report stated the company obtained ₹47 crore in its new funding round. The homegrown burger chain published a humorous press release to explain the situation. The claim originated from a misinterpretation of an MCA filing (MGT-14) which indicates funding intentions but does not represent actual money received. Burger Singh used a humorous analogy to explain the situation by saying that listing a house on 99acres does not mean the house has been sold. The company used cricket-related humor to explain the situation by drawing an analogy between the false report and premature announcements of Indian Test match victories before the final ball. The statement concluded with the phrase “Sometimes the ball knocks off the bails, and so do your hopes.” The company accused the report of “jumping the gun” through a comparison to restaurant reviews based solely on kitchen smells. The company confirmed that the reporter attempted to reach CEO Kabir Jeet Singh but the CEO receives numerous unwanted WhatsApp messages every day. The company used this opportunity to demonstrate how unverified premature reporting can create false information. The company stated that no investors have completed fund transfers or signed agreements because only expressions of intent have been made.

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