Skippi Raises 12 Crore in an Extended Pre-Series A Round

June 25, 2025

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Why in the news?

Skippi, the natural ice popsicle brand featured on Shark Tank India, raised ₹12 crore in an extended pre-series A funding round. The round was led by the Dubai-based strategic family offices of Surya, contributing ₹10 crore, with the remaining ₹2 crore coming from angel investors.

According to a press release, the funds will be used to expand into the Middle East, increase brand visibility, improve working capital, invest in product innovation, and bring in senior leadership.

“We take pride in being a one-of-its-kind ice popsicle brand. Our products are 100% natural. There are no artificial colors and flavors and are made only with RO water using a patented technology.

Anuja Kabra, Co-Founder, Skippi Ice Pops

Skippi’s popping growth

Skippi secured ₹1.2 crore from all five sharks on Shark Tank India in exchange for 15% equity. Following the deal, the brand witnessed a 40X revenue increase, with monthly sales rising to approximately ₹2–2.8 crore.

After the episode aired, Skippi was flooded with demand, receiving over 20,000 orders through online platforms in a short span.

Skippi follows an omnichannel distribution model, selling through its website and e-commerce platforms like Zepto, Swiggy Instamart, Amazon, BigBasket, and Cred. Its products are available in around 400–500 outlets in Hyderabad alone, and over 10,000 outlets across India, supported by 200+ Super Stockists and distributors.

It sells various flavours of ice pops such as Lychee, Raspberry, Cola, Orange, etc. It has also added various new categories such as fruit juices, cream rolls and corn snacks.

The company has also launched a new franchise model called “Skippi Freezer Bikes” — electric bikes equipped with freezers that sell hygienic and delicious ice pops on the go.

Future Vision

“This funding is a big step for Skippi as we work to become a top FMCG brand in India. We are very thankful for the support from our investors, including our valued sharks. With this money, we will focus on building our brand, creating new products, and bringing in great talent to our leadership team.”
— Ravi Kabra, CEO & Co-Founder, Skippi

From being the first-ever ice popsicle brand on Shark Tank India to becoming a household name across thousands of Indian outlets, Skippi has proven that bold ideas backed by natural ingredients and strong execution can thrive. It is well on its way to becoming a major force in India’s FMCG landscape — one ice pop at a time.

[Credits for header image: Skippi India
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