Food start-up, Samosa Party, secures Funding from Inflection Point Ventures
Samosa Party intends to utilise these funds to set up the infrastructure for scale, open cloud kitchens across Bengaluru and other tier 1 cities. The company looks forward to improving their unique production technology, and at present, claim to run the leanest and the most productive cloud kitchen at Rs. 8000 per sq ft.
Amit Nanwani, Co-Founder of Samosa Party says, "We appreciate the digital first approach of
Ankur Mittal, Co-Founder, Inflection Point Ventures, said, "IPV is thrilled to be joining hands with Samosa Party and back their growth journey. Samosa Party has grown tremendously over the past couple of years and has risen to amongst the top brands for Indian snack food in Bangalore. In a post-COVID world of increasing focus on hygiene standards, startups like Samosa Party will be relevant as customers would trust hygienic and professional managed brands to serve them food with safety being the guiding force from kitchen to table."
Adding that the company continued to see business growth even during the lockdown, he said, "We want to back such companies. We believe our vast investor base will provide an impetus to Samosa Party's growth by helping forge partnerships. IPV investors are totally behind the startup's vision of elevating the humble Indian Samosa and taking it to the world and look at Samosa Party as a company with the potential to build global businesses like Dunkin Donuts and Auntie Anne's."