Ice cream brand Hocco raises $10 Mn in first close of Series B round

Hocco, an artisanal ice cream brand operating in India, has successfully raised $10 million in a Series B funding round. The company intends to utilize this fresh capital to aggressively scale its retail presence across various markets and to further strengthen its cold chain infrastructure, which is critical for maintaining the quality of its premium ice cream products. This investment reflects the growing consumer demand within India's organized ice cream market, which is estimated to be around ₹15,000 crore, and signals a potential challenge to established players in the industry as newer, premium brands seek to capture market share.