Private Equity

VC Fund Investments

B2B sweets brand Scandalous Foods raises Rs 1.6 Cr

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Scandalous Foods , a restaurant focussed B2B sweets brand founded in August 2022, has raised INR 1.6 crore in its ongoing pre-seed funding round backed by Anthill Angel Fund, EvolveX accelerator, Value360 and SapphireInk Ventures. Angel investors Sagar Daryani (Wow! Momo) Kamnaa Aggrawal, Vikas Aggarwal (We Founder Circle) and Harpal Singh Sokhi (ex-IndiaMart and Celebrity Chef) also participated. Founded in August last year by Sanket S and Pravesh Amin, the company aims to deploy the capital for product development, expansion of its production unit in Nasik, automation, expanding sales network beyond five cities and doubling down operations in Mumbai, Thane and Nasik.