![[Funding Alert] Restaurant Chain House of Biryan Secures $2 Mn in Funding](https://viestories.com/wp-content/uploads/2024/07/Funding-Alert-Restaurant-Chain-House-of-Biryan-Secures-2-Mn-in-Funding.webp)
The restaurant business House of Biryan secured $2 million in capital from high-net-worth individuals (HNIs) in the US, Angel Star Ventures, a US-based fund based in Pennsylvania, and Al Siraj Holdings, a single-family office from the Middle East.
The money will accelerate the company’s expansion goals and foster growth.
“We plan to focus on going deep with biryani, kebabs, Mughlai, and north Indian cuisine, rather than going wide with several brands,” said Mohammed Bhol, cofounder, House of Biryan.
By December 2025, the platform hopes to have served 100,000 orders every month and reached an annual run rate (ARR) of Rs 100 cr, as reported by The Economic Times.
Commenting on the investment, 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.”
About House of Biryan
The House of Biryan creates its biryani using traditional recipes.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.