StartupFox — Indian startup news, funding rounds and analysis

Hundo Pizza, a delivery-first pizza brand from Mumbai, has raised ₹7.5 crore in its first funding round. Titan Capital, the fund set up by Snapdeal co-founders Kunal Bahl and Rohit Bansal, announced the investment, which also drew Indian Silicon Valley Capital and angel investors Ankur Rangnekar, Akshay Rangnekar and Haresh Chawla, a partner at the private equity firm True North. Wavelength Partners advised on the deal.

Founded by Kabir Moorjani and Ronak Rajani, Hundo sells hand-tossed pizzas made with fresh dough, along with garlic bread and pasta, and pitches itself on gourmet flavours and quality ingredients at accessible prices. It runs delivery-only kitchens rather than restaurants. Its Zomato listings show about seven outlets across Mumbai, from Cuffe Parade to Malad, most rated between 4.2 and 4.4 on thousands of delivery reviews, with a typical order of ₹200 to ₹300. The kitchens take orders until 4 am.

The money will take the brand into a new city, strengthen its production infrastructure and pay for technology, including a 5,000 sq ft central kitchen meant to keep quality consistent as it grows. The company has not named the city or disclosed its revenue, order volumes or valuation.