QSR chain House of Biryan raises $2 Mn

Quick service restaurant chain House of Biryan has raised $2 million in a new round led by a family office from the Middle East called Al Siraj Holdings, Angel Star Ventures and accredited high-net-worth individuals in America.

House of Biryan has raised $3 million since its inception in 2022.

Founded by Mikhail Shahani and Mohammed Bhol, House Briyan currently has 12 kitchens between Mumbai and Delhi and aims to add another 30.

With fresh funds, the company plans to increase the number of outlets to 30 and expects a run rate of Rs 100 crore in annual revenue by December 2025.

The startup claims its current ARR is Rs 25 crore.