South Korea pizza chain raises $25m for bigger slice of India market

Gopizza wants 100 stores in India by 2023, up from 15 now

20221018 GOPIZZA

Gopizza currently has 60 outlets across South Korea, Singapore, Indonesia, India and Hong Kong.(Screenshot from Gopizza Facebook page)

VIBHUTI SHARMA, DealStreetAsia

NEW DELHI -- South Korean pizza brand Gopizza said on Monday it has raised $25 million in a Series C funding round as it pushes to expand in India.

Known for its single-serving, fire-baked pizzas, Gopizza said it will use the capital to increase its number of outlets in India to 25 from the current 15 by the end of 2022, while aiming for 100 stores by 2023.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.