Summary:

  • House of Biryan operates 12 kitchens strategically located in Mumbai and Delhi, two of India’s largest and most vibrant cities.

  • This round was led Al Siraj Holdings, a family office based in the Middle East

  • It was co-founded by Mikhail Shahani and Mohammed Bhol, who shared a vision of bringing high-quality biryanis to the quick-service restaurant market.

House of Biryan, a rapidly growing quick-service restaurant chain, has successfully raised $2 million in a recent funding round. This funding round was spearheaded by Al Siraj Holdings, a family office based in the Middle East. Additional contributors to this round included Angel Star Ventures and a group of accredited high-net-worth individuals from the United States. This latest influx of capital brings the total funds raised by House of Biryan to $3 million since its inception in 2022.

The company was founded by Mikhail Shahani and Mohammed Bhol, who shared a vision of bringing high-quality biryanis to the quick-service restaurant market. Their innovative approach and dedication to quality have enabled the House of Biryan to expand swiftly. Currently, the chain operates 12 kitchens strategically located in Mumbai and Delhi, two of India’s largest and most vibrant cities. The founders plan to grow their footprint significantly with the new funds. They aim to add another 30 kitchens, bringing their total to 42 locations.

The infusion of capital is expected to propel the company towards a notable milestone in its growth trajectory. By increasing the number of outlets, House of Biryan aims to enhance its market presence and cater to a larger customer base. This expansion is not just about increasing the number of kitchens but also about maintaining and improving the quality of food and service that has become the hallmark of the brand. The strategic placement of new kitchens will likely be aimed at maximizing accessibility and convenience for customers, thus driving higher sales and customer loyalty.

In addition to expanding its physical presence, House of Biryan has set an ambitious financial target. The company expects to achieve an annual revenue run rate of Rs 100 crore by December 2025. This target reflects their confidence in the scalability of their business model and the strong demand for their offerings. As of now, House of Biryan boasts an annual recurring revenue (ARR) of Rs 25 crore. This significant growth in ARR over a relatively short period underscores the startup’s successful market penetration and operational efficiency.

The founders’ strategic vision and the company’s robust growth metrics have attracted substantial interest from investors. Al Siraj Holdings, the lead investor in this round, brings not just capital but also strategic value with its deep understanding of the food and hospitality sector in the Middle East. This partnership could potentially open doors for the House of Biryan to explore opportunities in international markets in the future.
Angel Star Ventures and the high-net-worth individuals from America also bring a wealth of experience and networks that can support House of Biryan’s growth. Their investment signifies a strong vote of confidence in the company’s business model, leadership team, and market potential.
House of Biryan’s success can be attributed to several factors.

Their focus on delivering high-quality, flavorful biryanis using fresh ingredients has resonated well with customers. Moreover, their efficient kitchen operations and delivery model have ensured that they can meet the growing demand without compromising on quality. The founders’ emphasis on customer satisfaction and continuous improvement has fostered a loyal customer base, which is crucial for long-term success.
As the House of Biryan continues to scale, maintaining its core values and commitment to quality will be essential.

The journey from 12 to 42 kitchens will undoubtedly come with its challenges, but with the right strategies and support from their investors, House of Biryan is well-positioned to achieve its growth targets. The coming years will be crucial as they work towards their goal of Rs 100 crore in annual revenue, solidifying their position as a leader in the quick service restaurant industry in India and potentially beyond.