Hunger Inc, the group behind Bombay Sweet Shop and The Bombay Canteen, just secured ₹215 crore (almost $25 million) in funding. Lighthouse and DSG Consumer Partners led the round, with current investors and some angel investors also participating. Some early investors, like CP Gurnani, got a chance to exit, which shows confidence in D2C brands.
Sameer Seth, Floyd Cardoz, and Yash Bhanage started Hunger Inc in 2014. They’ve become a leader in the premium food and beverage market. They focus on hospitality and innovation to create experiences beyond just restaurants, including retail and online sales. Bombay Sweet Shop, which is known for its modern take on Indian sweets, now makes up over half of the company’s earnings, indicating that consumers like these kinds of brands.
Hunger Inc intends to put the new funds to use by improving production and supply chains, as well as growing nationwide. They plan to start a Bombay Sweet Shop in Delhi in the next year or so and already have five stores and 18 dark stores for fast deliveries through their website and apps like Swiggy and Zomato.
In fiscal year 2025, they reported ₹115 crore in revenue with a 9% profit margin. They’re aiming for ₹150 crore in fiscal year 2026. Bombay Sweet Shop brings in ₹8–9 crore each month, solidifying its place as a fast-growing brand in the food and beverage industry.
Hunger Inc is also expanding its sales to businesses like Starbucks and Oberoi Hotels and recently partnered with IndiGo Airlines. These partnerships diversify their offerings and build credibility.
The investment from Lighthouse and DSG Consumer Partners highlights their belief in Hunger Inc’s long-term growth potential. With increasing interest in the D2C market, Hunger Inc is in a strong position to become a success story, combining local flavors with global standards.
Hunger Inc is a brand that’s changing the direct-to-consumer food and beverage industry by mixing culinary skill with good business sense.
