Ahmedabad-based ice cream brand Hocco has secured $10 million in the first tranche of its $20 million Series B funding round, co-led by Chona Family Office and Sauce VC.
Hocco plans to use the funds to double its production capacity, aiming for 130,000 liters per day by next summer. The company will also strengthen its cold-chain infrastructure to support its growing market presence.
Hocco is now targeting new regions like Uttar Pradesh, Punjab, Chhattisgarh, and expanding in Delhi NCR, Rajasthan, and Maharashtra to reach more consumers.
Quick commerce channels contribute 20% of Hocco’s revenue, with sales doubling monthly. The brand leverages modern retail and digital platforms to cater to digitally savvy consumers.