Hocco, the Ahmedabad-based premium ice cream brand, has successfully raised $10 million in the first close of its Series B funding round. This investment, co-led by the Chona Family Office and Sauce VC, aims to bolster Hocco’s expansion efforts and enhance its manufacturing capabilities. The company plans to triple its production capacity to 130,000 liters per day by next summer to meet the growing demand.
Founded in October 2023, Hocco has quickly gained traction in the Indian ice cream market. The company is targeting a revenue of ₹200 crore by the end of the current fiscal year and aims to double its sales in FY26. Hocco plans to open 250 stores and expand its presence in cities like Bengaluru and Hyderabad. Additionally, the brand is exploring international markets to further its growth.
Hocco differentiates itself by offering premium, artisanal ice cream products that cater to evolving consumer preferences. The brand emphasizes the use of high-quality ingredients and innovative flavors to provide a unique dessert experience. With the support of its investors, Hocco is well-positioned to capitalize on the expanding ice cream market in India and establish itself as a leading player in the industry.
The successful closure of this funding round underscores investor confidence in Hocco’s business model and growth prospects. As the company continues to scale its operations and enhance its product offerings, it remains committed to delivering exceptional value to its customers and stakeholders