The Parfait Co. raises seed investment from Mumbai Angels Network

The Parfait Co. raises seed investment from Mumbai Angels Network The Parfait Co. (TPC) was launched in Mumbai on Oct 2014, with a menu of twelve flavours of French style parfait. Being the only brand in India and across the world to manufacture packaged French parfait they have created a unique position for themselves on supermarket freezer shelves and in the hearts of their loyalists. French Parfait is ice cream’s fussy French cousin and TPC’s endeavor was to deliver all natural, preservative, stabilizer, emulsifier and gluten free parfait to India’s increasingly growing health conscious consumer. Two years into the business, TPC  raised its first round of Seed investment from Mumbai Angels Network. With expansion plans to grow its brand presence in Modern Trade and General Trade stores across Mumbai and eventually pan India, TPC aims at being the go – to dessert choice for the upwardly mobile Indian consumer with a brand which is homegrown, sustainable and on par with international ice cream brands in terms of quality and price points. Funds will be used for team building and expansion of operations and sales support along with product innovation and the launch of a smaller size SKU in order to increase our footprint across the growing Indian Modern trade and General trade retail segment. Vikas Khemani, Deal Lead, Mumbai Angels Network Sharmeen has created a fabulous product which is not only differentiated but also of international standard and quality. I am sure this will find huge space in the Indian dessert menu. We are excited about the product, management team and company growth. Sharmeen Indorewala, Founder, The Parfait Co. The Mumbai Angels Network (MA) team has been a key part of our journey when it came to aligning with the right investors and designing the pitch to get the investment required for growth at this stage. We were not only looking for funding but also investors with a keen insight into our industry who would act as mentors, and MA has achieved just that for us by bringing Vikas Khemani, our Deal lead on board. About Mumbai Angels Venture Mentors: Mumbai Angels Network (www.mumbaiangels.com) is one of India’s largest angel networks with 250+ members across four active chapters - Mumbai, Pune, Delhi and Bangalore. Their portfolio comprises of 85+ ventures across multiple sectors focused primarily on seed and early stage companies.