House of Biryan Raises $2 Million to Open More Outlets
House of Biryan, a Quick service restaurant chain has secured $2 million in a new funding 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 secured $3 million since its inception in 2022.
As per the startup, the funding will be used to increase the number of outlets to 30 and expect a run rate of Rs 100 crore in annual revenue by December 2025.
House of Biryan | A Quick service Restaurant Chain
Founded by Mikhail Shahani and Mohammed Bhol, House Briyan as of now has 12 kitchens between Mumbai and Delhi and aims to add another 30.
The platform aims to serve around 100,000 orders each month, with a target of crossing an annual run rate (ARR) of Rs 100 crore by December 2025.
Speaking about the development, 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.”
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