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Scandalous Foods closes pre-seed round

PRIVATEFeb 14, 2024

Amount Raised

₹30 Million

Round Type

Pre-Seed

MumbaiFood and BeverageHospitality

Investors

Indian Angel NetworkArjun VaidyaMrunal JhaveriKRS JamwalAjay MariwalaSushma Gupta

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.

Quick answer

Scandalous Foods raised ₹30 Million in a Pre-Seed round, dated February 14, 2024. Investors: Indian Angel Network, Arjun Vaidya, Mrunal Jhaveri, KRS Jamwal, Ajay Mariwala and Sushma Gupta. 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 14, 2024.
Who invested in Scandalous Foods?
Indian Angel Network, Arjun Vaidya, Mrunal Jhaveri, KRS Jamwal, Ajay Mariwala and Sushma Gupta 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.

  • 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.
  • SKYX Platforms raised $516K (Seed) on March 29, 2024.
  • SKYX Platforms raised $650K (Seed) on March 29, 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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