Hundo Pizza raises $800K seed to scale delivery-first pizza beyond Mumbai
What's the deal? Hundo PizzaDealroom has a profile for this one. Try Dealroom →, a Mumbai-born, delivery-first pizza brand, has raised US$1.02M in its first funding round, led by Titan CapitalDealroom has a profile for this one. Try Dealroom →. Indian Silicon Valley CapitalDealroom has a profile for this one. Try Dealroom →, Ankur Rangnekar, Akshay Rangnekar, and Haresh ChawlaDealroom has a profile for this one. Try Dealroom → also took part. Wavelength Partners advised on the deal.
Who's behind it? Founded in 2020 by Kabir Moorjani and Ronak Rajani, Hundo built from a bootstrapped venture into an emerging player in Mumbai's food delivery market. It now runs seven outlets across the city, including a recent opening in Sakinaka, Andheri East.
The numbers: Hundo closed FY 2025–26 with revenue of US$2.44M and operates at an annualised run rate of US$4.75M. It is targeting a run rate of US$8.15M by FY 2027–28.
Why now? The money fuels a shift from local footprint to scaleup. Over the next 12 months, Hundo plans to invest in production capacity, technology, and its corporate team.
Where next? Beyond expanding across Mumbai, Hundo plans to enter a new city. Central to that is a 5,000 sq. ft. fully electric central kitchen in Andheri East, with European equipment, Italian ovens, and HACCP-guided processes, plus a research and development space for menu work.
The founders said their "ambition is to build one of India's next big homegrown pizza brands." Titan Capital's Utpal Raman Sharma called pizza "one of India's most loved food categories."
The signal: The raise lands amid renewed investor interest in Indian food-service businesses; Mumbai rival The Dough TherapyDealroom has a profile for this one. Try Dealroom → raised US$713K in October to expand kitchen operations. Hundo's bet on infrastructure and systems reflects the core challenge of scaling delivery-first brands — execution and unit economics will matter more than the headline amount.
Read more: economictimes.indiatimes.com
Image credit: Generated with Gemini
