

Snacking brand Sweet Karam Coffee raises $8 million from Peak XV Partners, Fireside Ventures
Sweet Karam Coffee (SKC) announced on Thursday that it has raised $8 million in Series A funding from Peak XV Partners and existing investor Fireside Ventures.
Founded in 2015 by husband-wife duo Anand Bharadwaj and Nalini Parthiban, the Chennai-based Sweet Karam Coffee offers South Indian sweets, snacks, filter coffee, and everyday essentials. It claims these snacks are free of palm oil and preservatives.
The company will use the fresh capital to fuel expansion through omnichannel distribution, accelerate new product development, and bolster its technology-driven supply chain capabilities.
SKC’s revenue has grown four-fold over the past 12 months and is projected to grow 2.5 times in the coming year, the company said in a statement.
“Quick commerce is bridging distribution like never before, and we’re seeing a beautiful cross-pollination of cultures—our products are now loved not just in the South, but across the country,” cofounder and CEO Parthiban said.
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The startup delivers its products to 32 countries and is developing quick commerce as a major distribution channel, with a presence in over 2,500 dark stores across the country.
SKC has also announced the appointment of Nandhitha Indermohan as its chief operating officer. Formerly with Unilever, Indermohan has over 15 years of supply chain and operations experience.
In October 2023, the company had raised $1.5 million from Fireside Ventures to strengthen its offline expansion.