Korean pizza chain GOPIZZA raises $25m to expand in India

Korean pizza chain GOPIZZA raises $25m to expand in India

GoPizza bags $45 million in Series C funding round. From L to R - Jae won Lim, Global CEO and Founder & Mahesh Reddy, CEO India- GOPIZZA

Korean pizza brand GOPIZZA said on Monday that it has raised $25 million 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.

Known for its one-person, oval-shaped, fire-baked pizzas, GOPIZZA will use the capital to reach 25 outlets by the end of 2022 and more than 100 stores by 2023 in India, it said.

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