Hundo Pizza raised \u20b97.5 crore in its first funding round, backed by Titan Capital, ISV Capital and angels Ankur Rangnekar, Akshay Rangnekar and Haresh Chawla. Wavelength Partners advised on th…
Founded by Kabir Moorjani and Ronak Rajani, Hundo runs delivery-only kitchens across Mumbai, about seven on Zomato, open until 4 am, with typical orders of \u20b9200 to \u20b9300.
The money goes into a 5,000 sq ft central kitchen, expansion to a new city, production infrastructure and technology. The city, revenue and valuation were not disclosed.
The central kitchen can keep quality consistent, but a new city means starting again without reviews or repeat customers, while paying delivery apps for visibility.
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