Restaurant chain House of Biryan raises $2 million in funding

Restaurant chain House of Biryan has raised $2 million in a funding round from Al Siraj Holdings, a single-family office from the Middle East, Angel Star Ventures, a US-based fund out of Pennsylvania, and accredited high net worth individuals (HNIs) from the US.

The funds will be used to fuel growth and accelerate the company’s expansion plans.

Founded in 2022, the company currently operates 12 kitchens across Mumbai and Delhi and intends to add 30 more.


On January 23, ET had reported that the company plans to open outlets at over 40 locations in the next 18 months.

The platform aims to serve 100,000 orders each month, with a target of crossing an annual run rate (ARR) of Rs 100 crore by December 2025.

“We plan to focus on going deep with biryani, kebabs, Mughlai, and north Indian cuisine, rather than going wide with several brands,” said Mohammed Bhol, cofounder, House of Biryan.

The current ARR stands at Rs 25 crore over six businesses. The company will focus on turning profitable.

Commenting on the investment, Abhineet Singh, chief investment officer of Al Siraj, said, “I participated in a personal capacity in their previous round and worked closely to witness the consumer love, along with solid unit economics. This got us excited to participate with Mohammed and Mikhail, making House of Biryan our first formal bet on India's growth story."

With this round, the company has raised $3 million till now.