Bang! Curry
Sector: Food Technology
Bang Curry specialises in authentic curry products and is inspired by Brick Lane’s Bangladeshi community. The Bang Curry range offers a quick and easy solution to creating authentic curry dishes without complication.
Using Bang Curry’s simple three-step cooking process, real curry dishes can be prepared in just 10 minutes. Moreover, the company’s curry kits are 100% natural and unprocessed, and are therefore free from preservatives, and are compliant with HFSS (high in saturated fat, salt and sugar) regulations.
You can visit their website or request a meeting with the team here.
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Type: Single Company
Total raised in prior rounds: £660,000
Sector: Food Technology
Minimum: £2,500
Funds Sought: £350,000
Pre-Money Valuation: £7.55m
Deadline: n/a
The Problem
There is a significant unmet need within the grocery category. Curry dishes have become staple items on the dinner menu. However, while time-poor consumers are interested in cooking it at home, they often lack the necessary ingredients and knowledge to do so. Similarly in food service, the skill and time needed to measure out a spice blend, and the staff required to prepare the onion garlic and ginger base is a challenge which are solved with Bang Curry products.
The Solution
Bang Curry connect the home-cooking community and enable their customers to create bolder, brighter, more authentic dinners with their quick and easy curry kits. Bang Curry offers a range of curry products that provide an easy and authentic way to cook curry at home, from scratch. Their kits include a 100% natural onion, garlic, and ginger base that is used alongside a unique Bang Curry spice recipe. Bang Curry kits are authentic, delicious, offer meat-free options, are healthy, and use eco-friendly packaging. They also offer a supermarket range and a new food service range, providing solutions to both the home cook and professional caterers. Their research indicates that 42% of world cuisine eaters would like products with guidance on authentic cooking.
How it works
Customers can purchase Bang Curry kits, which include all the necessary ingredients and instructions to cook an authentic curry dish at home. The process involves three simple steps (soak it, spice it and make it yours), which can be completed in just 10 minutes. Some of the flavours available from their online store include Jalfrezi, Madras, Biryani, Dahl, Bhajis, Korma, Makhani, Bhuna and Tikka. Bang Curry offer a 48-hour delivery service, with free delivery for orders over £25. The Bang Curry range is available at Waitrose stores, as of Q4 2024. The food service range consists of the spice flavours available in 500g packs and the onion garlic and ginger mix, also in a 500g pack.
The Market
Bang Curry operates within the UK’s world cuisines market, which our research indicates was worth £2.3bn in 2022. It is forecasted to grow to nearly £2.6bn by 2026. Furthermore, it is anticipated that there will be a 15% CAGR in meal kits. Additionally, 92% of people eat world cuisines at home, and 70% of them want more healthy options. Bang Curry’s primary customers are distributed widely across the UK, with concentration in cities such as London, Bristol, Leeds, Sheffield, and Manchester. Indirect competitors to Bang Curry include Street Kitchen, Aagrah, Pataks and others.
Team
Dr Shelly Nuruzzaman – Founder & CEO
With a PhD in physics from Imperial College, published scientist Dr Nuruzzaman has had a high-achieving career in London’s investment sector, finishing up as VP of trading research delivering industry-leading fintech products.
Mark Johnson – Chartered Director / Founder / Chair
Mark spent 20 years working in cutting-edge technology. He is an experienced board director, bringing innovative products to market. Mark is a chartered director with previous experience leading projects with budgets up to £130m.
Rakesh Sharma – Key Investor & Advisor
Rakesh is an experienced FTSE 250 chief executive with strong business development skills, skilled in strategy, and M&A. He is an advisor offering guidance and advice on scaling.
Steve Kent – Key Business Advisor
Steve is the business development director at Paulig Group. He grew Discovery Foods from £1m revenue to a revenue of over £60m, taking 33% market share.
Fees and Charges
Kemeny Capital will not charge you any direct fee for investing in the company. By investing through Kemeny Capital, you save a typical 2% investment fee charged by Floww. Kemeny Capital receives a fee from the company based on a percentage of the investment you make.
Risks
As with all offers found on Kemeny Capital’s website, this offer is exclusively aimed at UK resident persons who are required to self-certify as either a Sophisticated Investor or High Net Worth Individual.
The value of investments may go up as well as down and there is no guarantee of any investment return. Investments in private companies carry significant risks including loss of capital, illiquidity, and no guarantee of regular income from the investment. You should understand the risks involved and be capable of making investment decisions based upon your personal circumstances. Past Performance is not an indicator of future performance.
This page was approved by Kemeny Capital
This page was approved by Kemeny Capital as a financial promotion 19th December 2024.