One-stop shop Scandalous Foods has raised 1.6 crore in the ongoing pre-seed funding round co-led by Anthill Angel Fund, EvolveX, Value360 and Sapphireink along with participation of Sagar Daryani, Kamnaa Aggarwal, Vikas Aggarwal and Harpal Singh Sokhi.
The proceeds will be allocated towards product development, expand its production unit in Nasik, automate production and increase its reach from 250 touchpoints to 2000 touchpoints in a year, Scandalous Foods said in a press release.
Co-founded in August 2022 by Sanket S and Pravesh Amin, 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, available in convenient single-serve sizes. The company operates with a focus on cloud kitchens and plans to expand to various food service segments.
According to Scandalous Foods, it is set to introduce mithai bars, cookies, cupcakes and sachets, catering to spontaneous indulgence. It claims to have seen a 10x increase in customers in monthly orders over three quarters. The company also claims to sell nearly 14 lakh pieces of sweets and frozen food retains 97% of freshness, texture and taste. It aims to tap the HoReCa industry.