The Week that Was: Indian Startup News Overview (18th August -24th August)
Funding News: House of Biryan raises Rs 32 Cr from MS Dhoni, Bestvantage and others
Company: House of Biryan (HoB)
Founders: Chefs Mohammed Bhol and Mikhail Shahani
About Us: House of Biryan is a rapidly growing food-tech brand founded by chefs with 25 years of Michelin-starred culinary experience. HoB specializes in biryani and aims to elevate it into a global food category, alongside pizza, sushi, and burgers. Currently, the brand operates 22 kitchens across Mumbai, Delhi, and Dubai, serving 2.8 million customers with 4.9 million orders. Nearly half of its Zomato traffic comes from direct brand searches, with a 47% repeat usage rate and an average rating above 4.3. HoB has achieved an annual revenue run rate of Rs 50 crore and remains EBITDA-positive in its core markets.
Founded Year: 2020
Office: Mumbai (Headquarters)
Sector: FoodTech / Cloud Kitchens
Funding Round: Growth Funding
Investors: Bestvantage Investments, MS Dhoni, Mohit Goyal (ex-CVC Capital), Abhineet Singh (Al Siraj Holdings), senior professionals from SoftBank, Kedara, and APAX
Also Read- Neo Set to Raise $19 Million as Valuation Jumps 2.7X
House of Biryan (HoB), a rapidly growing food-tech brand, has secured Rs 32 crore (around $3.66 million) in a growth funding round. The investment came from Bestvantage Investments, cricket legend MS Dhoni, Mohit Goyal (ex-CVC Capital), Abhineet Singh (Al Siraj Holdings), and senior professionals from SoftBank, Kedara, and APAX.
Earlier in July 2024, HoB raised $2 million with Al Siraj Holdings, a Middle Eastern family office, along with Angel Star Ventures.
Website: https://houseofbiryan.com

