Hocco Ice Cream Disrupts Indian Market with ₹600 Crore Valuation

Hocco Ice Cream is a new Indian frozen dessert brand that is quickly becoming a major player in the country’s fast-paced ice cream business. Hocco, which was founded by Ankit Chona, a former managing director of Havmor, combines innovation and historic knowledge to appeal to contemporary consumers. The brand’s innovative approach to flavours, production, and consumer interaction has immediately brought it recognition.

Ankit is the founder of other brands in the food industry such as PHAB– a protein snack brand, 1944 Restaurants and Huber & Holly Ice creams.

₹100 Crore Funding Propels Hocco’s National Growth Strategy 

Hocco achieved a significant milestone when it raised ₹100 crore, or about $12 million, in new funding. Bollywood stars Farhan Akhtar and Ritesh Sidhwani participated in the funding round, which was led by the Chona family and venture capital firm Sauce VC. By increasing the company’s worth to ₹600 crore, this investment allowed it to expand its activities, bolster its reputation, and make infrastructural investments. Building logistical networks, increasing manufacturing, and growing its footprint in Tier-1 and Tier-2 cities are the brand’s main goals.

Wide Range of Flavours and Health-Focused Offerings 

More than 150 SKUs in a variety of categories are available in Hocco’s product selection, catering to all age groups and palates. Its famous “Boss Bars,” which come in popular flavours including Biscotti and Charcoal Lychee, have been well-liked by younger consumers. In response to the increased demand for healthier treats, the company recently introduced a range of low-calorie and sugar-free ice creams, which currently account for around 2% of total sales.

State-of-the-Art Production Capacity to Meet Growing Demand 

Currently, Hocco has a 7-acre ice cream manufacturing plant in Ahmedabad that can produce 40,000 litres of ice cream each day. In the summer of 2025, this amount is anticipated to increase to 1.3 lakh litres. The brand is also constructing a second production unit in North India to assist its rapid growth. This plant will enable the brand reach untapped northern markets and maximise supply chain efficiency.

Premium Segment Targeted with Huber & Holly Range

Hocco has introduced its luxury sub-brand, Huber & Holly, into the retail market in an attempt to take market share from the premium ice cream market. Pondicherry Vanilla and Sicilian Pistachio are two of the decadent, internationally inspired flavours in this range. In order to compete with foreign ice cream companies in India’s urban markets, Huber & Holly places a strong emphasis on premium ingredients and gourmet presentation.

Targeting ₹400 Crore Revenue by FY26 

With ambitious revenue goals and a well-defined business plan, Hocco hopes to reach ₹400 crore by FY26. The company wants to become one of India’s top three ice cream brands and quadruple its sales every year. Hocco stands apart in India’s rapidly expanding FMCG and D2C market thanks to its creative product creation, multichannel expansion, and clever use of funds.

Retail Footprint Expands Beyond Gujarat 

From its home base in Gujarat, Hocco has quickly extended its market presence to important Indian regions such as Maharashtra, Rajasthan, Delhi-NCR, and western Uttar Pradesh. By the end of 2025, the firm hopes to have 250 exclusive parlours operating, up from its current 150. Additionally, it wants to expand from 15,000 to over 30,000 stores across the country, doubling its current footprint in general and contemporary retail.

Also read: 8 Startup Models That Are Blueprints for Disruption

Tejasvi Kasana
Tejasvi Kasana

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