House of Biryan, a quick service restaurant (QSR) chain specializing in Indian cuisine, has successfully raised $2 million in a new funding round. The investment was led by Al Siraj Holdings, a family office from the Middle East, along with Angel Star Ventures and several high-net-worth individuals from the United States. Founded in 2022 by Mikhail Shahani and Mohammed Bhol, the company currently operates 12 kitchens across Mumbai and Delhi. With this fresh infusion of capital, House of Biryan plans to expand its footprint by adding 30 new kitchens and aims to achieve an annual revenue run rate of Rs 100 crore by December 2025.
Strategic Expansion Plans
House of Biryan’s strategic expansion plans are set to significantly increase its market presence. The company intends to open 30 new kitchens, focusing on popular Indian cuisines such as biryani, kebabs, Mughlai, and North Indian dishes. This expansion is aimed at catering to the growing demand for quality Indian food in urban areas. By increasing the number of kitchens, House of Biryan aims to enhance its operational efficiency and reach a larger customer base.
The founders, Mikhail Shahani and Mohammed Bhol, have emphasized the importance of maintaining high standards of food quality and customer service. They believe that the new kitchens will help the company achieve its goal of serving 100,000 orders each month. This ambitious target is part of their broader strategy to establish House of Biryan as a leading player in the QSR segment.
In addition to expanding its physical presence, House of Biryan is also focusing on strengthening its online delivery capabilities. The company plans to invest in technology and logistics to ensure timely and efficient delivery of orders. This dual approach of expanding both physical and online operations is expected to drive significant growth in the coming years.
Financial Goals and Projections
House of Biryan’s current annual revenue run rate (ARR) stands at Rs 25 crore. With the new funding, the company aims to increase this figure to Rs 100 crore by December 2025. This ambitious financial goal reflects the founders’ confidence in the company’s growth potential and the strong demand for its offerings. The additional capital will be used to fuel growth, enhance operational efficiency, and achieve profitability.
The investment from Al Siraj Holdings, Angel Star Ventures, and US-based high-net-worth individuals is a testament to the company’s strong business model and growth prospects. Abhineet Singh, Chief Investment Officer of Al Siraj, expressed his confidence in House of Biryan’s potential, citing the company’s solid unit economics and strong consumer love. This endorsement from investors is expected to further boost the company’s credibility and attract additional funding in the future.
House of Biryan’s financial projections are based on a detailed analysis of market trends and consumer preferences. The company has identified key growth drivers, including the increasing popularity of Indian cuisine and the rising demand for convenient dining options. By leveraging these trends, House of Biryan aims to achieve sustainable growth and establish itself as a market leader.
Focus on Quality and Customer Experience
Maintaining high standards of food quality and customer experience is a top priority for House of Biryan. The company is committed to using fresh, high-quality ingredients and traditional cooking methods to deliver authentic Indian flavors. This focus on quality has helped House of Biryan build a loyal customer base and differentiate itself from competitors.
In addition to food quality, House of Biryan places a strong emphasis on customer service. The company has implemented various initiatives to enhance the dining experience, including user-friendly online ordering platforms and efficient delivery services. These efforts are aimed at ensuring customer satisfaction and fostering long-term loyalty.
House of Biryan’s commitment to quality and customer experience is reflected in its operational practices. The company conducts regular training programs for its staff to ensure consistency in food preparation and service. By maintaining high standards across all its kitchens, House of Biryan aims to deliver a superior dining experience to its customers.
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