Draft:Hocco Ice Cream

Hocco Ice Cream
Company type
Private Company
IndustryConsumer Staples
Founded2019; 7 years ago (2019)
FounderAnkit Chona,
Pradeep Chona,
Satish Chona
HeadquartersAhmedabad, Gujarat, India[1]
Key people
  • Roli Shrivastava
  • (Marketing)[2]
  • Ankit Chona
  • (Managing Director)[3][4]
Products
RevenueIncrease₹530 crore (2026)[5]
Websitewww.hocco.in

Hocco Ice Cream is an Indian ice cream manufacturer. It is a series C company,[3] and was founded in 2019 by the members of the Chona family, Ankit Chona, Pradeep Chona, and Satish Chona.[1] The Chona family had also launched Havmor Ice Cream,[6] which has been owned and operated by Lotte Wellfood since its acquisition in 2017,[7] and run 1944 The Hocco Kitchen in Ahmedabad, Gujarat.[8] Hocco's registered office is located in Ahmedabad.[1] The company was valued at ₹2,500 crore in mid-April 2026.[5][9]

Funding

As of May 2026, Hocco has raised a total of $66.2M over 6 funding rounds: 1 Seed, 4 Early-Stage and 1 Late-Stage rounds.[10]

In May 2025, Hocco raised ₹115 Cr (around $12.9 Mn) as part of their Series B funding round, following which they were valued at INR 2,000 crore.[11] In 2026, they raised ₹100 crore (approximately $10.7 million) as part of Series C funding, following which the company is valued at ₹2,500 crore.[3][12]

Reach

Hocco launched full commercial operations in October 2023.[13]

In 2025, Hocco appeared with their mascot, Budd, at the Sunburn Festival.[14]

In 2026, Hocco set up seven parlours across Chennai.[15] In February 2026, they set up a Maha Shivratri-themed campaign in Ujjain, Madhya Pradesh,[16] and, in May 2026, set up a "Cab Carnival" in Mumbai in partnership with Wrap2Earn.[17]

As of early 2026, Gujarat was the company's largest market, followed by the NCR region and Maharashtra.[9]

References

  1. ^ a b c "Hocco – Company Profile". Tracxn. Retrieved 25 May 2026.
  2. ^ "Redefining The New-Age Marketing: Roli Shrivastava's People-First Leadership At Hocco". Indian Startup Times. 16 February 2026. Retrieved 25 May 2026.
  3. ^ a b c "Hocco raises ₹100 Cr in Series C in funding, scales manufacturing and eyes IPO growth". Business Review. 18 April 2026. Retrieved 25 May 2026.
  4. ^ "Exclusive: Why HOCCO is moving beyond Traditional vs Digital to attention ecosystems". MEDIABRIEF. 10 April 2026. Retrieved 25 May 2026.
  5. ^ a b "Hocco crosses Rs 530cr revenue in two years". Indian Television. 18 April 2026. Retrieved 25 May 2026.
  6. ^ "Hocco brand of ice creams. In Alwarpet". Mylapore Times. 22 May 2026. Retrieved 25 May 2026.
  7. ^ Srivastava, Akshara (2 August 2024). "Lotte India, Havmor announce merger; aim to achieve sales of Rs 6K cr". Business Standard.
  8. ^ Nikhil, Nikita (5 April 2026). "Insect Found In Food Served At Ahmedabad's 1944 The Hocco Kitchen, Food Authority Imposes Rs 5,000 Fine". NDTV. Retrieved 25 May 2026.
  9. ^ a b Goel, Pallavi (17 April 2026). "Hocco raises ₹100 cr in Series C, crosses ₹530 cr revenue in FY26". ET Retail. The Economic Times. Retrieved 25 May 2026.
  10. ^ "Hocco - Funding & Investors". Tracxn. 5 May 2026. Retrieved 25 May 2026.
  11. ^ Sharma, Palak (29 September 2025). "Ankit Chona's Hocco Raises INR 115 Cr At INR 2,000 Cr Valuation". Inc42. Inc42 Media. Retrieved 25 May 2026.
  12. ^ Ambwani, Meenakshi V. (17 April 2026). "HOCCO Ice-Cream raises ₹100 crore from Sauce.VC". The Hindu Business Line. THG Publishing Pvt Ltd. Retrieved 25 May 2026.
  13. ^ Agarwal, Meha (18 February 2026). "Decoding HOCCO's ₹1K Cr Road Map In The Next Three Years". Inc42. Inc42 Media. Retrieved 25 May 2026.
  14. ^ "Hocco's OOH activation at Sunburn Festival". media4growth. 23 December 2025. Retrieved 25 May 2026.
  15. ^ Poorvaja, S. (24 April 2026). "Love the viral Aamchi ice cream? Hocco lands in Chennai with seven parlours across the city". The Hindu. Retrieved 25 May 2026.
  16. ^ "Hocco celebrates Maha Shivratri with Tripundra-inspired OOH". media4growth. 13 February 2026. Retrieved 25 May 2026.
  17. ^ "Hocco turns Mumbai's streets into a moving ice cream carnival". media4growth. 25 May 2026. Retrieved 25 May 2026.

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