Scandalous Foods raised Rs 1.6 Cr Pre-seed funding from multiple investors
In the current pre-seed funding round, which is being co-led by Anthill Angel Fund, EvolveX, Value360, and Sapphireink with participation from Sagar Daryani, Kamnaa Aggarwal, Vikas Aggarwal, and Harpal Singh Sokhi, one-stop-shop Scandalous Foods has raised 1.6 crores.
According to a press release from Scandalous Foods, the money will go toward product development, expanding the company’s Nasik production facility, automating production, and expanding its reach from 250 to 2000 touchpoints annually.
Scandalous Foods is a business-to-business enterprise that was co-founded in August 2022 by Sanket S and Pravesh Amin. Its mission is to empower the restaurant industry by providing sweets. It provides convenient single-serve sizes of sweets free of preservatives that have a shelf life of six months. The business specializes in cloud kitchens and intends to grow into other food service industries.
Scandalous Foods reports that it will launch mithai bars, cookies, cupcakes, and sachets to satisfy impulsive cravings. Over the course of three quarters, it asserts that monthly orders have increased by a factor of ten. Additionally, the company says that 97% of the freshness, texture, and flavor of its nearly 14 lakh pieces of sweets and frozen food are retained. Its goal is to get into the HoReCa market.
