Indian ice cream brand Hocco has raised ₹115 crore in fresh funding, pushing its valuation to ₹2,000 crore. The round saw participation from both new and existing investors, highlighting strong confidence in the brand’s growth.
Expansion Plans
Hocco plans to use the funds to expand its manufacturing capacity, distribution network, and product innovation. The company aims to strengthen its presence across India while competing with established brands like Amul, Havmor, and Mother Dairy.
Rising Demand
With India’s ice cream market expected to grow rapidly, Hocco’s strong brand identity, premium product positioning, and regional dominance in Gujarat give it a competitive edge. The latest valuation reflects investor belief that Hocco can scale nationwide.
Summary Table
| Detail | Information |
|---|---|
| Company Name | Hocco Ice Cream |
| Funding Amount | ₹115 Crore |
| Latest Valuation | ₹2,000 Crore |
| Investors | Mix of new and existing investors |
| Purpose of Funds | Expansion, distribution, product innovation |
| Industry | FMCG – Ice Cream & Dairy |
| Key Market | Gujarat, India |
| Competitors | Amul, Havmor, Mother Dairy |
