Mumbai pizza chain Hundo Pizza raises Rs 7.5 crore led by Titan Capital

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

Indian Silicon Valley Capital (ISVC), Ankur Rangnekar, Akshay Rangnekar and Haresh Chawla also participated. Wavelength Partners acted as the deal advisor.

The proceeds will go towards expanding its presence across Mumbai, entering a new city and strengthening its production infrastructure. 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.

Founded in 2020 by Kabir Moorjani and Ronak Rajani, Hundo Pizza operates seven outlets across Mumbai. Moorjani oversees product development and kitchen operations, while Rajani, who founded Mumbai Foodie, acquired by Swiggy in 2024, leads growth and marketing.

The company has been bootstrapped since inception. It closed FY26 with revenue of Rs 18 crore and currently operates at an annualised revenue run rate of Rs 35 crore.

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. The company is targeting an annualised revenue run rate of Rs 60 crore in FY28, Hundo Pizza said.

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