Fundz

Scandalous Foods raises INR 3 crore in a completed pre-seed round, ET HospitalityWorld

PRIVATEFeb 24, 2024

Amount Raised

₹30 Million

Round Type

Pre-Seed

MumbaiFood and BeverageHospitality

Investors

Indian Angel NetworkSushma GuptaAjay MariwalaArjun VaidyaMrunal JhaveriKRS Jamwal

Description

Scandalous Foods has raised INR 3 crore in a completed pre-seed round, with the most recent infusion of INR 1.4 crore from the Indian Angel Network (IAN) and notable angel investors, signalling the successful completion of this funding phase.

Quick answer

Scandalous Foods raised ₹30 Million in a Pre-Seed round, dated February 24, 2024. Investors: Indian Angel Network, Sushma Gupta, Ajay Mariwala, Arjun Vaidya, Mrunal Jhaveri and KRS Jamwal. Scandalous Foods is based in Mumbai, Maharashtra, India.

How much did Scandalous Foods raise?
Scandalous Foods raised ₹30 Million in a Pre-Seed round on February 24, 2024.
Who invested in Scandalous Foods?
Indian Angel Network, Sushma Gupta, Ajay Mariwala, Arjun Vaidya, Mrunal Jhaveri and KRS Jamwal are named as investors in this round.
What does Scandalous Foods do?
Co-founded in August 2022, Scandalous Foods is a business-to-business company that empowers the sweets industry for the restaurant sector.
Where is Scandalous Foods based and how big is it?
Scandalous Foods is based in Mumbai, Maharashtra, India.
Who are the decision-makers at Scandalous Foods?
Fundz holds 1 contact at Scandalous Foods. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Hospitality around the same time

Companies in the same sectors as Scandalous Foods that raised within 45 days of this round, from Fundz verified event records.

  • Buyers Edge Platform raised $425M on April 8, 2024.
  • Reborn Coffee raised $1M (Seed) on March 4, 2024.
  • Perpetual First raised $1M (Seed) on February 1, 2024.
  • Wow! Momo Foods raised $46M (Seed) on January 29, 2024.
  • Reborn Coffee raised $1M (Seed) on January 10, 2024.
  • Hawaiian Bros raised $6.1M on April 5, 2024.

Who to call at Scandalous Foods, and when

A new round usually means Scandalous Foods is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Scandalous Foods

Location

Mumbai, Maharashtra, India

About

Co-founded in August 2022, Scandalous Foods is a business-to-business company that empowers the sweets industry for the restaurant sector. It offers preservative-free sweets with a 6-month shelf life. The company operates with a focus on cloud kitchens and plans to expand to various food service segments.

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Scandalous Foods raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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