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Dharana Capital, an India-focused growth-stage investment firm, today announced it has led an Rs 137 crore funding round in Petpooja, a cloud-based SaaS platform for restaurants.
The funding round, a mix of primary and secondary capital, also saw participation from Ashish Gupta, co-founder of Helion Ventures; Abhiraj Singh Bhal, Varun Khaitan, Raghav Chandra, founders of Urban Company; and Mukund Kulashekaran, Chief Business Officer at Urban Company.
Founded in 2011 by Parthiv Patel and Apurv Patel, Petpooja claims it now powers more than 100,000 restaurants across India, the Middle East, the United States, and Africa, spanning over 140 cities. The company said it processes more than 7 million orders daily.
It plans to use the raised capital to enhance its product portfolio, accelerate AI-driven automation, and bolster customer support.
Commenting on the round, Vamsi Duvvuri, Founder and Managing Partner, Dharana Capital, said, “As India’s food service ecosystem undergoes rapid digitization, Petpooja has emerged as the core technology backbone for restaurants. Their resilience and customer-first approach has set them apart, and we look forward to supporting them in this next chapter of growth.”
Parthiv Patel, Co-Founder and CEO of Petpooja, said, “Our partnership with Dharana marks an exciting new chapter for us. This round will help us accelerate product innovation and continue building solutions that help restaurants simplify their operations.”