Scandalous Foods, a company that makes Indian sweets, has raised another ₹2 crore to help them grow. This new funding will be used to make more sweets and get them into more restaurants and catering businesses across India.
Based in Mumbai, Scandalous Foods plans to use half of the money to increase how much they can produce. The other half will go towards getting their sweets into smaller restaurant chains (with less than five locations) and doing more online and offline marketing.
One of the founders of Scandalous Foods, Sanket S., said they want to become the go-to place for Indian sweets that people buy after their meals in restaurants. He’s excited about the new funding helping them reach more people with their “bold and delicious creations.” He also appreciated how quickly one of the investors, New Age India Fund, provided the money.
Scandalous Foods has been growing fast, with their sales increasing seven times in 2024 alone! They’ve already sold over two million cups of their desserts in nine cities and reached almost a million customers through partnerships with businesses and over 1,500 places where their sweets are sold.
An investor from New Age India Fund said they look for founders with a clear vision and the ability to grow their business, and they believe the team at Scandalous Foods fits that perfectly.
Looking ahead, Scandalous Foods plans to launch a few new sweet treats and expand further in the restaurant and catering world. They are now focusing on smaller restaurants and caterers to reach even more customers.