Hundo Pizza Secures Rs 7.5 Crore in Funding for Expansion

Hundo Pizza, the delivery-first pizza brand from Mumbai, has successfully raised Rs 7.5 crore in its initial institutional funding round, led by Titan Capital, the firm established by Kunal Bahl and Rohit Bansal. This funding round also received backing from Indian Silicon Valley Capital (ISVC), Ankur Rangnekar, Akshay Rangnekar, and Haresh Chawla, with Wavelength Partners advising on the deal.

Expansion Plans and Revenue Goals

The raised funds will be aimed at broadening Hundo Pizza’s presence in Mumbai, venturing into a new city, and reinforcing its production capabilities. The company has set an ambitious goal of achieving an annual revenue run rate of Rs 60 crore by FY28, according to a statement from Hundo Pizza.

Company Background

Founded in 2020 by Kabir Moorjani and Ronak Rajani, Hundo Pizza currently operates seven outlets across Mumbai. The company has been self-funded since its inception and reported a revenue of Rs 18 crore by the end of FY26. Presently, it is operating at an annual revenue run rate (ARR) of Rs 35 crore.

New Central Kitchen Development

As part of its growth strategy, Hundo Pizza is constructing a central kitchen and production facility spanning 5,000 sq ft in Andheri East. This fully electric facility is designed to meet the production demands as the company scales its operations.

Investment in Future Growth

Over the next year, Hundo Pizza plans to invest in enhancing its production capacity, technology, and organisational infrastructure. The company is also actively looking at new revenue streams that include events and catering services.

Leadership Team

The co-founder Kabir Moorjani is in charge of product development and kitchen operations. Ronak Rajani, known for founding Mumbai Foodie which was acquired by Swiggy in 2024, is leading the growth and marketing efforts.

This funding round is a significant step for Hundo Pizza as it aims to grow beyond Mumbai and scale its delivery-first operational model.