Hocco has secured $10 million in funding as part of a larger $20 million Series B investment round. The funding is co-led by the Chona Family Office and Sauce VC.
This capital infusion will primarily be allocated toward increasing Hocco’s production capacity and supporting the brand’s ambitious expansion into new markets across India, further solidifying its position as a dominant force in the country’s premium ice cream sector.
Legacy and disruption
Founded by the Chona family, Hocco has rapidly disrupted the Indian ice cream industry, not only through quality-first innovation but also with a distinct brand language that resonates with new-age consumers.
“Hocco’s unparalleled scale-up journey in less than two years reflects the deep expertise and goodwill the Chona family enjoys in the ice cream space. As the market is witnessing strong growth in India, driven by improving disposable incomes and easier access through new-age channels such as quick commerce, we are privileged to partner with this world-class team on their next leg of growth,” said Manu Chandra, Founder, Sauce VC, known for identifying and nurturing category-defining consumer brands.
Capital deployment focus areas
The infusion of fresh capital will enable Hocco to:
● Substantially increase production capacity to meet growing consumer demand
● Accelerate geographic expansion into new markets across India
● Strengthen distribution networks and supply chain infrastructure
● Continue product innovation and development of new flavour profiles
● Enhance brand marketing initiatives to reach a wider audience
A vision rooted in passion
Ankit Chona, Promoter of Hocco Ice Creams, said, “This fundraise is not just about expanding capacity—it’s about believing in the power of a homegrown brand to stand tall among the world’s best. At Hocco, we’ve poured our hearts into every scoop, and this fresh capital gives us the strength to dream bigger, reach farther, and serve many more with the joy of truly great ice cream. We’re grateful for the trust placed in us and excited for what lies ahead.”
