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

House of Biryan (HoB), a fast-growing food-tech platform, has raised Rs 32 crore (around $3.66 million) in a growth round backed by Bestvantage Investments, along with participation from cricket icon MS Dhoni, Mohit Goyal (ex-CVC Capital), Abhineet Singh (Al Siraj Holdings), and senior professionals from SoftBank, Kedara, and APAX.

Earlier in July 2024, House of Biryan had raised $2 million in a new round led by a family office from the Middle East called Al Siraj Holdings, Angel Star Ventures

The proceeds will be used to scale its presence to 120–150 outlets in the next three years, targeting revenues between Rs 450–550 crore.

Founded by chefs Mohammed Bhol and Mikhail Shahani, HoB aims to make biryani a global food category on par with pizza, sushi, and burgers. The founders duo have over 25 years of Michelin-starred culinary experience.

The brand currently operates 22 kitchens across Mumbai, Delhi, and Dubai and has served 2.8 million customers through 4.9 million orders, with 47% repeat usage and an average rating above 4.3. Nearly half of its Zomato traffic comes from direct searches for the brand.

The firm claims to have achieved an annual revenue run rate of about Rs 50 crore and is EBITDA-positive in its core markets. It recently launched its first international cloud kitchen in Dubai and is preparing to expand into Australia, Japan, the UK, and North America.

HoB competes with Rebel Foods (Faasos, Behrouz Biryani), Biryani By Kilo, and other cloud kitchen brands.