House of Biryan (HoB), a fast-growing food-tech platform redefining biryani as a global food category, has raised Rs 32 crore (~$3.66 million) in a growth funding round led by Bestvantage Investments. The round also saw participation from cricket legend MS Dhoni, Mohit Goyal (ex-CVC Capital), Abhineet Singh (Al Siraj Holdings), and senior professionals from SoftBank, Kedara, and APAX.
This follows HoB’s $2 million fundraise in July 2024, led by Al Siraj Holdings and Angel Star Ventures.
The fresh capital will help HoB scale its presence to 120–150 outlets within three years, targeting Rs 450–550 crore in revenues.
Founded by chefs Mohammed Bhol and Mikhail Shahani, who bring over 25 years of Michelin-starred culinary experience, HoB aspires to elevate biryani into a global cuisine comparable to pizza, sushi, and burgers.
Currently, HoB operates 22 kitchens across Mumbai, Delhi, and Dubai, serving 2.8 million customers through 4.9 million orders, with 47% repeat usage and an average rating of 4.3+. Nearly half of its Zomato traffic comes from direct brand searches, indicating strong brand recall.
HoB has achieved an annual revenue run rate of ~Rs 50 crore and is EBITDA-positive in core markets. The company recently launched its first international cloud kitchen in Dubai and is preparing to expand into Australia, Japan, the UK, and North America.
The brand operates in a competitive food-tech landscape, contending with Rebel Foods (Faasos, Behrouz Biryani), Biryani By Kilo, and other cloud kitchen players.
By: Arushi Agarwal
