Ice cream brand Hocco raises Rs 115 Cr at Rs 2,000 Cr valuation

taking the company’s valuation to Rs 2,000 crore (more than $225 million).

The funding comes less than three months after the firm raised $10 million in its Series B  round led by Chona Family Office and Sauce.vc. It had also raised $12 million in its Series A round from the same investors at a valuation of Rs 600 crore ($70 million) in June last year.

The fresh proceeds will be used towards expanding manufacturing capacity, strengthening cold-chain and logistics, scaling new product innovation, and extending its footprint across India and select…