Petpooja Secures $15.5 Million in Series C, Fuels Restaurant Tech Expansion
October 1, 2025, 9:32 pm
Petpooja, a restaurant SaaS leader, secured INR 137 Cr ($15.5M) in Series C funding. Dharana Capital led the crucial investment. Urban Company founders also backed the round. The capital infusion targets product enhancement, advanced AI automation, and strengthened customer support. This marks Petpooja’s significant return to funding in four years. The company's valuation now stands at INR 910 Cr ($103M), a substantial 3.5x increase. Petpooja empowers over 100,000 restaurants across India, the US, Middle East, and Africa. It processes a remarkable 7 million daily orders. The platform provides cloud-based billing and comprehensive management solutions. This strategic funding positions Petpooja for accelerated growth and broader tech dominance in the global food service ecosystem.
Petpooja, a prominent provider of restaurant management software, has successfully closed its Series C funding round. The company secured INR 137 crore, approximately $15.5 million. This significant investment signals strong market confidence in Petpooja's innovative solutions. It propels the firm into a new phase of growth and technological advancement.
The funding round saw substantial participation from key investors. Dharana Capital spearheaded the investment, contributing INR 82 crore, roughly $9.3 million. Ashish Gupta, co-founder of Helion Ventures, also invested. Founders of the renowned Urban Company – Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra – joined the round. Mukund Kulashekaran, Urban Company’s Chief Business Officer, further reinforced the investor base. This diverse group of investors brings valuable strategic insights.
This Series C infusion marks a crucial milestone for Petpooja. It is the company's first capital raise in four years. The previous funding, a Series B round, occurred in 2021. That round secured $4.5 million. This new investment round elevates Petpooja's estimated valuation to INR 910 crore, approximately $103 million. This represents a remarkable 3.5 times increase since its last fundraise. The final post-money valuation awaits completion of all pending disbursements. Total funding secured by Petpooja now stands at around INR 185 crore, roughly $21 million. Dharana Capital will hold an 18.62 percent stake in the company on a fully diluted basis.
Petpooja's journey began in 2011. Parthiv Patel and Apurv Patel founded the company. It started as a B2B food delivery venture. The firm strategically pivoted its business model. It transitioned to a Software-as-a-Service (SaaS) platform. This shift proved transformative. Petpooja now delivers cloud-based billing and comprehensive management solutions. These services cater primarily to small and medium-sized food service businesses.
The platform boasts an impressive reach. It supports over 100,000 restaurants worldwide. Its operations span India, the Middle East, the United States, and Africa. The company covers more than 140 cities. This broad footprint underscores its global ambitions and operational scale. Petpooja processes an astounding 7 million orders daily. This volume highlights its critical role in daily restaurant operations. The company has also expanded its product offerings. These include payroll automation and invoice management tools. This provides a holistic suite of services for its clients.
The fresh capital will be deployed strategically. Petpooja intends to strengthen its product portfolio significantly. This means continuous innovation and feature expansion. A major focus lies on advancing artificial intelligence (AI) based automation. AI integration will streamline restaurant workflows. It will enhance efficiency and accuracy. Furthermore, the company plans to improve its customer support infrastructure. This ensures robust service and client satisfaction. These initiatives aim to solidify Petpooja's market leadership. They will also improve the overall user experience.
Petpooja has demonstrated strong financial performance. In fiscal year 2024 (FY24), the company reported a revenue of INR 76 crore, approximately $8.6 million. This marks a substantial 43 percent increase from the previous year. Simultaneously, its net losses narrowed to INR 13.4 crore, about $1.5 million. This indicates a positive trajectory towards profitability. The company's FY25 results are eagerly anticipated by investors and industry watchers.
The restaurant management software segment is highly competitive. Petpooja navigates a landscape with several strong players. Its primary competitors include DotPe, Thrive, Posist, and GoFrugal. Petpooja's consistent innovation and expanding market share position it well against these rivals. Its unique blend of services and AI focus provides a distinct advantage.
Dharana Capital’s investment history is noteworthy. The firm is an India-focused growth-stage technology and consumer investment company. It is backed by top US university endowments and other non-profit institutions. Dharana Capital has invested in several high-profile Indian companies. These include Urban Company, Zopper, Lentra, NoBroker, Itilite, and Vayudh. Their strategic involvement with Petpooja signifies a strong belief in the company's potential. It also validates the burgeoning market for food service technology.
India's food service ecosystem is undergoing rapid digitization. Petpooja serves as a foundational technology backbone for restaurants. It empowers businesses with essential digital tools. These tools optimize operations and boost profitability. The global demand for efficient restaurant technology solutions continues to grow. Petpooja is well-positioned to capitalize on this trend. Its expansion into international markets, including the US and Africa, demonstrates its global ambitions. The company aims for further penetration in these crucial markets.
Petpooja's Series C funding represents more than just capital. It is a validation of its business model. It highlights its technological prowess. It also signals its future potential in a rapidly evolving industry. The company is set to redefine restaurant management. It will drive innovation, efficiency, and customer satisfaction across the global food service sector.
Petpooja, a prominent provider of restaurant management software, has successfully closed its Series C funding round. The company secured INR 137 crore, approximately $15.5 million. This significant investment signals strong market confidence in Petpooja's innovative solutions. It propels the firm into a new phase of growth and technological advancement.
The funding round saw substantial participation from key investors. Dharana Capital spearheaded the investment, contributing INR 82 crore, roughly $9.3 million. Ashish Gupta, co-founder of Helion Ventures, also invested. Founders of the renowned Urban Company – Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra – joined the round. Mukund Kulashekaran, Urban Company’s Chief Business Officer, further reinforced the investor base. This diverse group of investors brings valuable strategic insights.
This Series C infusion marks a crucial milestone for Petpooja. It is the company's first capital raise in four years. The previous funding, a Series B round, occurred in 2021. That round secured $4.5 million. This new investment round elevates Petpooja's estimated valuation to INR 910 crore, approximately $103 million. This represents a remarkable 3.5 times increase since its last fundraise. The final post-money valuation awaits completion of all pending disbursements. Total funding secured by Petpooja now stands at around INR 185 crore, roughly $21 million. Dharana Capital will hold an 18.62 percent stake in the company on a fully diluted basis.
Petpooja's journey began in 2011. Parthiv Patel and Apurv Patel founded the company. It started as a B2B food delivery venture. The firm strategically pivoted its business model. It transitioned to a Software-as-a-Service (SaaS) platform. This shift proved transformative. Petpooja now delivers cloud-based billing and comprehensive management solutions. These services cater primarily to small and medium-sized food service businesses.
The platform boasts an impressive reach. It supports over 100,000 restaurants worldwide. Its operations span India, the Middle East, the United States, and Africa. The company covers more than 140 cities. This broad footprint underscores its global ambitions and operational scale. Petpooja processes an astounding 7 million orders daily. This volume highlights its critical role in daily restaurant operations. The company has also expanded its product offerings. These include payroll automation and invoice management tools. This provides a holistic suite of services for its clients.
The fresh capital will be deployed strategically. Petpooja intends to strengthen its product portfolio significantly. This means continuous innovation and feature expansion. A major focus lies on advancing artificial intelligence (AI) based automation. AI integration will streamline restaurant workflows. It will enhance efficiency and accuracy. Furthermore, the company plans to improve its customer support infrastructure. This ensures robust service and client satisfaction. These initiatives aim to solidify Petpooja's market leadership. They will also improve the overall user experience.
Petpooja has demonstrated strong financial performance. In fiscal year 2024 (FY24), the company reported a revenue of INR 76 crore, approximately $8.6 million. This marks a substantial 43 percent increase from the previous year. Simultaneously, its net losses narrowed to INR 13.4 crore, about $1.5 million. This indicates a positive trajectory towards profitability. The company's FY25 results are eagerly anticipated by investors and industry watchers.
The restaurant management software segment is highly competitive. Petpooja navigates a landscape with several strong players. Its primary competitors include DotPe, Thrive, Posist, and GoFrugal. Petpooja's consistent innovation and expanding market share position it well against these rivals. Its unique blend of services and AI focus provides a distinct advantage.
Dharana Capital’s investment history is noteworthy. The firm is an India-focused growth-stage technology and consumer investment company. It is backed by top US university endowments and other non-profit institutions. Dharana Capital has invested in several high-profile Indian companies. These include Urban Company, Zopper, Lentra, NoBroker, Itilite, and Vayudh. Their strategic involvement with Petpooja signifies a strong belief in the company's potential. It also validates the burgeoning market for food service technology.
India's food service ecosystem is undergoing rapid digitization. Petpooja serves as a foundational technology backbone for restaurants. It empowers businesses with essential digital tools. These tools optimize operations and boost profitability. The global demand for efficient restaurant technology solutions continues to grow. Petpooja is well-positioned to capitalize on this trend. Its expansion into international markets, including the US and Africa, demonstrates its global ambitions. The company aims for further penetration in these crucial markets.
Petpooja's Series C funding represents more than just capital. It is a validation of its business model. It highlights its technological prowess. It also signals its future potential in a rapidly evolving industry. The company is set to redefine restaurant management. It will drive innovation, efficiency, and customer satisfaction across the global food service sector.