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GOPIZZA Raises Rs 200 Cr. Series C Funding to Fuel Expansion Plans in IndiaThis investment will help in making the Korean-headquartered pizza brand among the fastest-growing pizza chains globally | ||
Bangalore, Karnataka, India Korea-headquartered pizza brand GOPIZZA has raised INR 200 cr. (30 Billion Korean Won) in a Series C funding round co-led by GS Ventures, CJ Investment, Mirae Asset Securities, NCORE Ventures, Woori Bank, Capstone Partners, Big Basin Capital, DS Asset Management, and Pureun Investment. The fresh capital will be utilized for aggressive expansion plans in the country, backed by new-age robotic and AI technologies.
From L to R - Jae won Lim, Global CEO and Founder & Mahesh Reddy, CEO India- GOPIZZA
In 2016, 27-year-old Jae Won (Jay) Lim started serving tasty, one-person-sized pizzas from a food truck on the premise that pizzas could be inexpensive when eaten by an individual alone. Spurred by the immense popularity of these oval-shaped pizzas, he established his first outlet in South Korea in 2017 and since then GOPIZZA has seen explosive growth in 5 countries with over 160 stores. The Korean brand, with its unique take on pizza, now aims to make people consider it a single-serving dish, with a goal to expand to more than 300 locations in the next 2 years making it a truly global pizza chain. |
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