Newsletter
Hunger Inc, the parent company behind Bombay Sweet Shop, The Bombay Canteen, Veronica’s, O Pedro, and Papa’s, just got a sweet pre-Diwali boost, raising ₹215 crore in fresh funding.
What’s brewing: the capital will primarily be used for Bombay Sweet Shop, and they will not go aggressive on expanding the Bombay Canteen and O Pedro brands for now.
Currently present in Mumbai, Hunger Inc is planning to expand to Delhi and set up a flagship Bombay Sweet Shop there over the next 12-18 months.
At present, the brand operates five retail outlets and 18 dark stores. It fulfills orders directly through its own website as well as via delivery partners like Swiggy and Zomato.
Hunger Inc is cooking up big expansion plans, scaling its B2B and institutional sales. The company already supplies to Starbucks and Oberoi Hotels, and its Bombay Sweet Shop brand has now taken off with IndiGo, serving in-flight treats to international business class passengers.
