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Funding · Commerce & Consumer Brands

The Sweet Change raises ₹1.7 crore pre-seed round

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Date
Company
The Sweet Change
What it does
Monk fruit sweetener brand
Kind
Funding
Amount
₹1.7 crore
Stage
pre-seed
Based in
New Delhi
Founded
2024
Sector
Commerce & Consumer Brands

What they do

The Sweet Change makes gut-friendly sweeteners from monk fruit, allulose and prebiotic fibre

What happened

It raised a ₹1.7 crore pre-seed round led by accelerator Rebalance

Why it matters

The company claims 84% monthly growth and ₹1.69 crore first-year revenue, targeting India's $650 million sugar substitutes market

The details

  • The Sweet Change raised ₹1.7 crore in a pre-seed round.
  • The round was led by Rebalance, an early-stage accelerator and angel community.
  • The company was founded in 2024 and is based in New Delhi.
  • It positions itself as India's first gut-friendly monk fruit sweetener brand.
  • Its products contain monk fruit, allulose, and prebiotic guar fibre, with no erythritol, artificial ingredients, or fillers.
  • In March 2026, it launched sweetener drops made with monk fruit, water, and vitamin C.
  • The funds will be used to expand distribution, launch new products, and accelerate the mission to reduce sugar consumption.

The bigger picture

  • India's sugar substitutes market is estimated at over $650 million.
  • The company achieved ₹1.69 crore first-year revenue and fulfilled over 15,000 customer orders.
  • Monthly revenue jumped from ₹8 lakh to ₹50 lakh after the sweetener drops launch.
  • It reports 84% compounded month-on-month growth over the last three months and 75% gross margins.
  • The brand ranks among the top sweetener brands on Amazon India.

About the business

  • The Sweet Change makes monk fruit-based sweeteners formulated with monk fruit, allulose, and prebiotic guar fibre.
  • It launched sweetener drops in March 2026, containing only monk fruit, water, and vitamin C.
  • All products are free of erythritol, artificial ingredients, and fillers.
  • The company claims one of the highest-concentration monk fruit formulations in India.
  • It aims to become the default sugar replacement brand for Indian households, cafés, foodservice, and packaged food companies.
  • It generated ₹1.69 crore revenue in its first year and fulfilled over 15,000 customer orders.
  • Monthly revenue grew from ₹8 lakh to ₹50 lakh after the sweetener drops launch.
  • The brand ranks among the top sweetener brands on Amazon India.

What happens next

  • Expand distribution.
  • Launch new products.
  • Accelerate mission to reduce sugar consumption.

The deal

Type
pre-seed

Investors

  • Rebalance (lead) — Early-stage accelerator and angel community founded in 2019, co-founded by Aishwarya Malhi and Vikas Kumar. Invests up to $250,000 in pre-seed and seed-stage startups. Has backed 30 startups.
  • IAN Angel Fund (participant) — Investor group associated with IAN Angel Fund.

Founders

  • Manvi Agnihotri, co-founder and CEO
  • Sheen Hitaishi, co-founder

About The Sweet Change

Product
Monk fruit-based sweetener powders and drops formulated with allulose and prebiotic guar fibre
Customers
Health-conscious consumers looking to reduce sugar intake without artificial sweeteners
How it makes money
D2C e-commerce and quick-commerce distribution of branded sweetener products
What sets it apart
Clean formula without erythritol, artificial ingredients, or fillers with rapid adoption across platforms

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