Hundo Pizza Raises Rs 7.5 Crore Led by Titan Capital

Hundo Pizza, a Mumbai-born, delivery-first pizza brand, has raised Rs 7.5 crore in its first institutional funding round. The round was led by Titan Capital, the investment firm founded by Kunal Bahl and Rohit Bansal.

Indian Silicon Valley Capital (ISVC), Ankur Rangnekar, Akshay Rangnekar and Haresh Chawla also took part in the round. Wavelength Partners acted as the deal advisor. Hundo Pizza had largely been bootstrapped before this round.

Hundo Pizza funding at a glance

What Hundo Pizza does

Hundo Pizza is a pizza brand built for delivery. It was started in Mumbai in 2020 by Kabir Moorjani and Ronak Rajani, and it was largely bootstrapped until this round.

The brand runs seven outlets across Mumbai.

Hundo Pizza's revenue and its Rs 60 crore target

Hundo Pizza closed FY 2025-26 with revenue of Rs 18 crore. It currently runs at an annualised revenue run rate of Rs 35 crore.

The company is targeting an annualised revenue run rate of Rs 60 crore in FY 2027-28.

Hundo Pizza's journey so far

Hundo Pizza's founders on building a better everyday pizza

"When we started Hundo, we believed there was room for a better everyday pizza, one made with quality ingredients, priced accessibly and designed specifically for delivery. Building the business from the ground up has given us a strong understanding of our customers and what it takes to deliver quality consistently."

Titan Capital on the opportunity in pizza

"We see a significant opportunity for new-age brands that deliver on product quality, convenience and customer experience. Hundo's focus on distinctive flavours, quality ingredients and a delivery-first format positions it well to capture this opportunity, and we're excited to partner with the team as they build a large and enduring pizza brand."

Hundo Pizza's plans for Mumbai, a new city and a central kitchen

Hundo Pizza said it will use the money to expand its presence across Mumbai, enter a new city and strengthen its production infrastructure. The company said that over the next 12 months it plans to invest in production capacity, technology and organisational capabilities.

The company said it is developing a 5,000 sq ft, fully electric central kitchen and production facility in Andheri East. Hundo Pizza said the facility will have European production equipment, Italian ovens and a dedicated research and development space.

Where Hundo Pizza stands after its first institutional round

Hundo Pizza now has seven outlets in Mumbai and an annualised revenue run rate of Rs 35 crore. With Rs 7.5 crore from Titan Capital and other investors, the company said it will expand across Mumbai and enter a new city.

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