Frozen Foods Business Raising Funds In Mumbai
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About Business
The business is involved in processing various types of Indian and fusion frozen snacks. Some of their products are Veg spring roll, spicy paneer burger patty, cheese chilli samosa, cheese burst burger patty, spicy paneer bites, mini pizza samosa, cheese jalapeno pepper, paneer cheese corn rolls, tandoori soya chaap (new launch), lassoni soya chaap (new launch), afghani soya chaap (new launch), veggie burger patty, crunchy paneer threads, cheese burst poppers, spinach corn poppers, spinach corn burger patty, and cheese corn poppers.
Clientele type
They are utlizing multiples channels like quick commerce, E-commerce, retail store, and QSRs. Clientele (Distributors & Retailers): BlinkIt, Zepto, Instamart, BigBasket, Flipkart Minutes, More Retail, Amazon, etc. Distribution: Managed by Mr. Munchies, with stock supplied at the distribution center (DC) level. Fundraising Details:
Premises
Processing Capacity: 5 Tons a month (Currently working at 150% Capacity due to high demand). The factory premise is leased. - Streamlined In-House Production ensuring efficiency. - Strict Hygiene Standards and cleanliness protocols for safety and quality. - Standard Operating Procedures (SOPs) set for required quantities. - Direct Investment in Essential Equipment for better production capabilities. - Handcrafted Products with attention to detail. - Raw Materials (RM) and Packaging Materials (PM) Sourced Internally after a Quality Check (QC) process.
Asking Price Includes
Seeking 15% equity for INR 4 crore at a pre-money valuation.
Asking Price
INR 4.00 Cr
Minimum ticket size
INR 4.00 Cr
Reason
They are raising funds to enter the next growth phase of the business.
More Details
1.Co-Founder 1 – 19 years of experience, including 8 years in the F&B industry and 11 years in sales and operations. His hands-on expertise and deep industry understanding contribute to the company's vision.
2.Co-Founder 2 – 15 years of experience in business development and analytics across various industries. She excels in strategic acumen and marketing-driven strategy formulation.
3.Chief Financial Officer – 20 years of experience in managing and running business ventures across diverse sectors. He specializes in identifying and capitalizing on emerging opportunities for financial growth.
4.Chief Growth Officer – 20 years of experience in business development, focusing on bespoke growth strategies and long-term expansion. His expertise in identifying market opportunities drives the company's future success.
Their products have an average 4.3 customer ratings out of 5.
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₹10 to ₹200 Cr
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