This study intended to investigate the potential of non-conventional functional ingredients to valorize pasta in terms of nutritive and bio-functional properties. Varying levels of potato flour (6–18%) and pigeonpea (10%) were incorporated for development of potato-cereal flour pasta (PCP) and potato-cereal-legume pasta (PCLP) and their influence on compositional, bio- & techno-functional and organoleptic characteristics was assessed. The addition of pigeonpea flour in pasta significantly (p < 0.05) enhanced crude protein level (11.53–13.52 g/100 g), crude fibre (1.47–1.76 g/100 g), antioxidant activity (26.82–50.65% RSA), total phenolic content (132.69–182.76 mg GAE/100 g) and reduction in carbohydrate content (72.43–70.52 g/100g). In-vitro protein and starch digestibility significantly reduced due to effect of bioactive constituents and fibre content. The PCP and PCLP showed a significant reduction in cooking time with better cooking quality. In sensory evaluation, overall acceptance of pasta (PCP & PCLP) containing potato flour was highest at 6 g/100 g level of incorporation and was acceptable up to 18 g/100 g level of potato flour incorporation. Principal component analysis explained data variance (90.93%) by two factors F1 (68.76%) and F2 (22.17%) and significant correlations were noted for different compositional and functional characteristics of pasta.