Olio Pizza is a delivery-first cloud kitchen pizza brand under Curefoods which reached Rs 100 crore annual revenue rate (ARR) in 15 months, one of the fastest in consumption category, Ankit Nagori, founder of the company shared. By this year's end, the company expects the pizza brand to reach 200 locations and achieve a Rs 200 crore annual revenue rate (ARR).

New Delhi: Curefoods' Olio Pizza is aiming to expand to 500 locations through its cloud kitchens and outlets and become a Rs 500 crore brand with a presence across 60-70 cities in India by the end of 2026, Ankit Nagori, founder of the company shared with ETRetail in an interaction.

Speaking on the category growth, Nagori said, "Pizza is a massive category and by playing only in the premium category, you may be missing out on the market size. So, with Olio Pizza, the idea is to give a real pizza experience at an affordable range to young age consumers."

To create a brand pull among GenZs, Olio Pizza has launched events like Olio and Juliet and partnered with e-sports events. The brand delivers through platforms such as Swiggy, Zomato, and its own online platform. Currently, Olio Pizza operates in about 20 cities with 120 locations.

Further, Nagori stated, "We aim to open more stores to reduce delivery time from 35 minutes to under 30 minutes."