A facile, efficient, and general strategy is developed for the fabrication of a new class of nanohybrids consisting of nitrogen-doped graphene functionalized with metal nitride nanoparticles. The graphene decorated with titanium nitride nanoparticles is explored for multifunctional electrocatalytic applications, i.e., as a low-cost counter electrode for I(3)(-) reduction in dye-sensitized solar cells and for nicotinamide adenine dinucleotide (NADH) oxidation in dehydrogenase enzyme-based biosensors.