Olio Pizza, a prominent brand under Curefoods, is set to enhance its footprint with the launch of seven new offline outlets in collaboration with Reliance SMART. The new locations will be spread across key regions, including Virar, Vasai, and Boisar in Mumbai; Aundh and Pimple Gaurav in Pune; and Rajkot. This expansion strengthens Olio Pizza’s presence in vital cities and supports its ambitious target of becoming a INR 500 crore brand by 2026.
The brand has shown remarkable growth since its inception, reaching an annual revenue run rate (ARR) of INR 100 crore in just 15 months. Olio Pizza continues to grow at an impressive pace of 25 percent quarter-on-quarter and is on track to achieve INR 200 crore ARR by the close of 2024.
Commenting on the expansion, Ankit Nagori, founder of Curefoods, said, “At Curefoods, we are committed to creating beloved food brands that resonate with the tastes and lifestyles of our customers. Olio Pizza’s rapid growth underscores the appeal and quality of our offerings. Our partnership with Reliance SMART allows us to bring the Olio experience closer to more communities across India. As we aim to expand to 500 locations by 2026, we are focused on delivering exceptional dining experiences, nurturing new brands, and scaling our existing portfolio. Each milestone brings us closer to realizing our vision of building a INR 500 crore brand that redefines the pizza segment in India.”
Olio Pizza’s success can be attributed to its strategic focus on aggressive expansion and an unwavering commitment to customer satisfaction. The brand plans to establish a presence in 500 locations across 60-70 cities by 2026, further solidifying its position in the competitive Indian food market. As one of Curefoods’ fastest-growing brands, Olio Pizza has carved out a niche with its consistently high-quality products and strong market strategy, according to a company statement.
Curefoods continues to lead the way in the food-tech and cloud kitchen sectors, with plans to incubate new brands each year while scaling successful ventures like Olio Pizza and Sharief Bhai. By delivering exceptional dining experiences and continuously adapting to market trends, Curefoods is setting new standards in the Indian food industry.
