Private Equity

Angel Investments

Ice cream brand Cold Love raises more angel funding

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Cold Love ice cream brand has raised INR 2.5 crore over two rounds of angel funding from Tarun Sawhney, Vice Chairman and MD, Triveni Engineering and Industries Ltd, and Samir Sood, Founder of VH Capital. The company, founded by Aditya Tripathi, makes artisanal, all-natural ice cream. The capital raised previously has been used to establish the company's commissary, setting up company-owned cafés, and spends on digital marketing. The brand, which has four cafes in Delhi-NCR and one in Jodhpur, plans to open 20-25 outlets in Delhi-NCR and beyond in the near future. It also offers home delivery in Delhi-NCR, Hyderabad, Jaipur, and Lucknow, with plans to expand to at least 10 cities.