Hocco Ice Cream: Legacy Meets Innovation in Market Expansion
Hocco Ice Cream:
Hocco Ice Cream:
Legacy meets innovation in the Chona family's new venture, offering modern twists on authentic Indian flavors.
Funding Boost:
Funding Boost:
Hocco secures Rs 100 crore funding at a valuation of Rs 600 crore, backed by the Chona family and Sauce VC.
Market Expansion:
Market Expansion:
Utilizing quick commerce, Hocco aims to extend beyond Gujarat to Rajasthan, Maharashtra, and Delhi-NCR.
Growth Projection:
Growth Projection:
Hocco targets doubling sales by FY26, projecting a revenue surge to Rs 200 crore by March 2025.
Quick Commerce Surge:
Quick Commerce Surge:
Hocco experiences exponential sales growth through quick commerce, doubling month over month.
Strategic Ventures:
Strategic Ventures:
Hocco plans to deepen presence in Gujarat while expanding into adjacent territories, leveraging quick commerce's potential.
Challenges Ahead:
Challenges Ahead:
Despite rapid growth, Hocco faces competition and SKU constraints in the quick commerce landscape.
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