Korean pizza brand Gopizza raises Rs.200-Cr from GS Ventures, CJ Investment, others

Korea-headquartered pizza brand Gopizza has raised INR 200 crore (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 used for expansion in the country, backed by robotic and AI technologies. Gopizza is known for its one-person, oval-shaped, fire-baked pizza with quick serving speed and affordable price. It has 160 outlets across South Korea, Singapore, Indonesia, India, and Hongkong. In India, the brand has 15 outlets. In India, the brand aims to reach 25 outlets by the end of 2022 and more than 100 stores by 2023.