Chennai-based South Indian food brand Sweet Karam Coffee (SKC) has raised $8 million in its Series A funding round led by Peak XV Partners, with existing investor Fireside Ventures also increasing its stake. This funding comes nearly two years after SKC secured $1.5 million from Fireside Ventures.
The fresh capital will be utilized to expand SKC’s distribution network, launch new products, and enhance its supply chain efficiency with advanced technology.
Founded in 2015, SKC has carved a niche in the market with its authentic South Indian sweets, snacks, and filter coffee, all made without palm oil, preservatives, or maida. Additionally, the brand offers a range of condiments and ghee. SKC’s products are available through its website, e-commerce marketplaces, and quick commerce platforms, catering to a global customer base across 32 countries.
The brand has witnessed significant growth, with its products now available in over 2,500 quick commerce dark stores across India. Over the past year, SKC has achieved a 4X revenue growth and aims to scale another 2.5X in the next 12 months, further strengthening its position in the market.
To support its growth trajectory, SKC has appointed Nandhitha Indermohan, a former Unilever executive, as its Chief Operating Officer. Her expertise is expected to play a crucial role in streamlining operations and driving execution at scale.
With this funding and strategic leadership, Sweet Karam Coffee is poised to expand its footprint, offering consumers authentic South Indian delicacies while leveraging technology to enhance operational efficiency.