Pizza Wings has secured $2.8 million in a follow-up funding round. The investment comes from Gruhas, the investment arm of Nikhil Kamath and Abhijeet Pai, Udaan co-founder Sujeet Kumar, and other strategic investors. This builds on the brand’s previous $4 million seed round in 2024, supporting its expansion across Northern and North-Eastern India for long-term growth.
Brand Overview and Expansion Strategy
The new funding will fuel Pizza Wings’ expansion, with 70-80% of growth directed towards Tier 2 and Tier 3 cities, and 20-30% in metro markets. While global QSR players focus on Tier 1 and Tier 2 cities, Pizza Wings is strategically targeting untapped markets to meet the growing demand for premium food experiences in emerging urban centers. The brand aims to add 50 new stores, scaling up to 100 outlets by the end of 2025.
Commitment to Quality and Technology-Driven Growth
“Pizza Wings has demonstrated robust growth since its inception and is the ideal balance of global quality and Indian flavors while leveraging a technology-driven delivery infrastructure to enhance the customer experience. We are committed to using fresh ingredients including daily-prepared dough and zero preservatives that have resonated with our customers,” said Aditya Dhanda, CEO of Pizza Wings. “This funding will accelerate our vision of becoming India’s premier food-tech brand while staying true to our core values of quality and customization.”
Investor Confidence and Future Outlook
Investor confidence in Pizza Wings continues to grow due to its strong unit economics and operational efficiency in the competitive QSR sector. “Pizza Wings has built an impressive business model with a technology-first approach, evidenced by 80% of its deliveries being managed through its proprietary platform,” said Sujeet Kumar, Co-founder of Udaan. “This approach positions them as more than just a food brand—it establishes them as a fast-emerging food-tech leader.”
Abhijeet Pai, Partner at Gruhas, added, “We’re embarking on an elevating chapter for Pizza Wings with this follow-up funding round, which marks a significant milestone in our journey. The brand’s rapid growth and commitment to quality have set the stage for ambitious expansion across India. With plans to scale to 100 outlets by the end of 2025 and create new opportunities by expanding its team, Pizza Wings is not just growing—it’s building a strong foundation for long-term success. We believe in their vision and are committed to supporting them as they expand their footprint and bring great-quality fast food to more consumers nationwide.”
The brand plans to expand to 400 outlets nationwide by 2027, with the potential for an IPO in the future.
