Scandalous Foods Raises Rs 1.6 Cr in Pre-Seed Funding Round
Scandalous Foods, a leading sweets destination in the restaurant industry, has successfully secured 1.6 crore in pre-seed funding. This funding round is co-led by Anthill Angel Fund, EvolveX, Value360, and Sapphireink, with significant contributions from well-known individuals like Sagar Daryani, Kamnaa Aggarwal, Vikas Aggarwal, and Harpal Singh Sokhi. The raised funds will be utilized for diverse purposes including product development, expanding their production unit situated in Nasik, automating production processes, and notably, scaling up their current presence from 250 touchpoints to a significant 2000 touchpoints within a year.
Established in August 2022 by Sanket S and Pravesh Amin, Scandalous Foods primarily functions as a B2B enterprise, dedicated to empowering the sweets industry within the restaurant sector. Their product line consists of preservative-free sweets, conveniently packaged in individual servings with an impressive shelf life of six months. The company strategically focuses on cloud kitchens and aims to expand into various segments within the food service industry.
In an effort to cater to spontaneous indulgence, Scandalous Foods is preparing to unveil a selection of new products, including mithai bars, cookies, cupcakes, and sachets. Their growth has been remarkable, witnessing a tenfold surge in monthly orders within three quarters. Additionally, the company claims to have sold nearly 14 lakh pieces of sweets while maintaining an exceptional 97% freshness, texture, and taste in their frozen food offerings. Their ambitious goal is to penetrate the HoReCa industry (Hotels, Restaurants, and Catering).
Established in August 2022 by Sanket S and Pravesh Amin, Scandalous Foods primarily functions as a B2B enterprise, dedicated to empowering the sweets industry within the restaurant sector. Their product line consists of preservative-free sweets, conveniently packaged in individual servings with an impressive shelf life of six months. The company strategically focuses on cloud kitchens and aims to expand into various segments within the food service industry.
In an effort to cater to spontaneous indulgence, Scandalous Foods is preparing to unveil a selection of new products, including mithai bars, cookies, cupcakes, and sachets. Their growth has been remarkable, witnessing a tenfold surge in monthly orders within three quarters. Additionally, the company claims to have sold nearly 14 lakh pieces of sweets while maintaining an exceptional 97% freshness, texture, and taste in their frozen food offerings. Their ambitious goal is to penetrate the HoReCa industry (Hotels, Restaurants, and Catering).