Hocco Secures $10M Series B Funding for Expansion and Retail Push

May 15, 2025

Share this post :

Hocco, an Ahmedabad-based ice cream brand has successfully raised $10 million in the first close of its Series B funding round, led by the Chona family and Sauce VC. The investment will be directed towards expanding the brand’s retail footprint and enhancing its manufacturing capacity as it gears up for nationwide growth.

Expansion Plans and Market Reach

With the fresh capital infusion, Hocco aims to triple its production capacity to 1.3 lakh litres per day by the next summer season. The brand also plans to open 100 new parlors, bringing the total count to 250 stores nationwide, while strengthening its quick commerce and retail networks.

The company is targeting a revenue of ₹200 crore by FY25, driven by its aggressive market expansion beyond Gujarat.

Scaling Operations and Strategic Investments

Alongside retail expansion, Hocco intends to allocate funds for bolstering its backend infrastructure, optimizing supply chain management, and introducing new product lines. This strategic approach not only supports its retail ambitions but also aligns with its plan to position itself as a premium ice cream brand across key urban markets in India.

Future Outlook for Hocco

The funding round signifies investor confidence in Hocco’s growth trajectory and operational capabilities. As the brand scales its retail presence and ramps up production, it is poised to capture a larger share of India’s competitive ice cream market while aiming to double its revenue by FY26.