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Hundo Pizza raises maiden institutional round led by Titan Capital

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Hundo Pizza raises maiden institutional round led by Titan Capital

Mumbai-based delivery-first pizza brand Hundo Pizza has raised Rs 7.5 crore in its first institutional funding round led by Titan Capital, founded by Kunal Bahl and Rohit Bansal.

The round also saw participation from Indian Silicon Valley Capital (ISVC), Ankur Rangnekar, Akshay Rangnekar and Haresh Chawla. Wavelength Partners acted as the deal advisor.

The proceeds will be used to expand its presence across Mumbai, enter a new city and strengthen its production infrastructure. The company is targeting an annualised revenue run rate of Rs 60 crore in FY28, Hundo Pizza said in a press release.

Founded in 2020 by Kabir Moorjani and Ronak Rajani, Hundo Pizza operates seven outlets across Mumbai. The company has been bootstrapped since inception and closed FY26 with revenue of Rs 18 crore. It currently operates at an annualised revenue run rate (ARR) of Rs 35 crore.

As part of its expansion plans, Hundo Pizza is developing a 5,000 sq ft central kitchen and production facility in Andheri East. The fully electric facility will support its production requirements as the company expands its operations.

Over the next 12 months, the company plans to invest in production capacity, technology and organisational capabilities. It is also exploring additional revenue channels, including events and catering.

Co-founder Kabir Moorjani oversees product development and kitchen operations, while Ronak Rajani, who founded Mumbai Foodie, acquired by Swiggy in 2024, leads growth and marketing.

The fundraise comes as Hundo Pizza looks to expand beyond Mumbai and scale its delivery-first business.



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