Scandalous Foods closes pre-seed round

Feb 14, 2024•almost 2 years ago

Amount Raised

₹30 Million

Round Type

seed

MumbaiHospitalityFood and Beverage

Investors

Sushma GuptaAjay MariwalaArjun VaidyaMrunal JhaveriKrs JamwalIndian Angel Network (Ian)

Description

Scandalous Foods closed its pre-seed funding round at Rs 3 crore, with the most recent infusion of Rs 1.4 crore from the Indian Angel Network (IAN), spearheaded by KRS Jamwal and Mrunal Jhaveri, and notable angel investors Arjun Vaidya of V3 Ventures, Ajay Mariwala, MD of VKL and FSIPL, and Sushma Gupta.

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.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends