Hocco Raises Rs. 115 Crore Led By Sauce.vc

Hocco, one of India’s fastest-growing ice cream brands, has raised Rs. 115 crore in a fresh funding round led by longtime partner Sauce.vc, propelling the company’s valuation to Rs. 2,000 crore.

The raise underscores the pace at which Hocco has been rewriting the rules of India’s ice cream market.

In less than 2 years, the company has gone from launch to becoming one of the most exciting players in the category, winning over consumers with quality, innovation, and a modern approach to distribution.

The new funds will be used to expand manufacturing capacity, strengthen cold-chain and logistics, drive new product innovation, and deepen Hocco’s reach across India and select international markets.

Key Highlights

Hocco raises Rs. 115 crore led by Sauce.vc, boosting its valuation to Rs. 2,000 crore.
Funds to expand manufacturing, cold-chain, and logistics, with 3 lakh litres capacity by 2026.
Hocco drives ice cream innovation and modern distribution, aiming to become India’s most loved ice cream brand.

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By summer 2026, Hocco will have almost 3 lakh litres of manufacturing capacity, positioning it among the most advanced ice cream facilities in the country. The company also plans to step up its presence in quick commerce, modern retail, and travel-linked touchpoints.

Ankit Chona, Managing Director of Hocco, said

“This funding allows us to move faster on the vision we’ve set for Hocco: To make quality ice cream that is exciting, innovative, and crafted to turn everyday moments into something special. Sauce.vc has been a long-time believer in our journey, backing us from the very start, and their continued support is a huge validation of what we’re building. At Hocco, ice cream is our way of bringing something fresh, modern and joyful to a legacy category. With this capital, we’re doubling down on that idea and scaling it for many more consumers across India and beyond.”

Manu Chandra, Founder and Managing Partner, Sauce.vc, said

“Ankit and team are a rare combination of strong category know-how and unbridled ambition. They are keen to build Hocco into India’s most loved ice cream company, and we are excited to continue partnering with them on this journey from day zero.”

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In just a few years, Hocco has emerged as a game-changer in the ice cream space, bringing together craftsmanship, innovation, and strong execution. From introducing new formats and flavours to building a modern distribution backbone, the company has re-energised the category and positioned itself as one of the most exciting consumer brands to watch.