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House of Biryan raises Rs 32 Crore from MS Dhoni, Bestvantage and others

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  • House of Biryan secures  Rs 32 Cr growth funding with MS Dhoni and Bestvantage Investments on board
  • Brand operates 22 kitchens across Mumbai, Delhi, and Dubai, serving 4.9M+ orders
  • Expansion plans include 120–150 outlets in 3 years and entry into global markets

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.

With the new funding, HoB plans to expand its footprint to 120–150 outlets within three years and target revenues of  Rs 450–550 crore.

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Chefs Mohammed Bhol and Mikhail Shahani, founders with 25 years of Michelin-starred culinary experience, envision House of Biryan growing biryani into a global food category like pizza, sushi, and burgers.

Currently, HoB operates 22 kitchens across Mumbai, Delhi, and Dubai, serving 2.8 million customers with 4.9 million ordersNearly half of its Zomato traffic originates from direct searches for the brand, with a 47% repeat usage rate and an average rating above 4.3.

The company has already achieved an annual revenue run rate of Rs 50 crore and remains EBITDA-positive in its core markets. After launching its first international cloud kitchen in Dubai, HoB is preparing to expand into Australia, Japan, the UK, and North America.