Ice Cream Brand Hocco Nets $10 Mn To Support Expansion

Hocco, a premium ice cream brand in India, has successfully raised $10 million in funding. The company plans to strategically deploy these funds to significantly expand its retail presence across the country and to strengthen its cold chain infrastructure, which is crucial for maintaining the quality of its products. This investment will also support Hocco's market penetration efforts in Tier 2 and Tier 3 cities, as well as drive product innovation within India's burgeoning ₹15,000 crore organized ice cream market, where it aims to capture a larger share by offering unique and high-quality frozen desserts to a wider consumer base.