Ice Cream Brand Hocco Nets $10 Mn To Support Expansion

Primarily, the newly raised capital will be infused in boosting the company’s production capacity and penetrating into new markets across India

Now based in Ahmedabad, the company raised INR 100 Cr in a fresh funding round last June

Satish Chona launched Hocco as an ice cream parlour in Karachi in 1944.

Ice cream brand Hocco has raised $10 Mn (INR 85.56 Cr) as a part of its $20 Mn (INR 171.28 Cr) Series B funding round.

The round was co-led by Chona family office and…