VC Fund Investments
Ice cream brand Go Zero raises Rs.30-Cr from DSG Consumer, Saama Capital, others
Mumbai-based ice cream brand Go Zero has raised INR 30 crore (USD 3.4 million) in a Series A round from existing investor DSG Consumer Partners, Saama Capital and V3 Ventures. The round also saw participation from Namita Thapar.The fresh funds will be used by the company for expansion, to improve the supply chain and for product innovations.Founded in 2022, by Kiran Shah, Go Zero offers low-calorie, high-protein and sugar free ice creams.The company retails across India and also on quick commerce platforms.
Between Mar-23 and Jun-24, Go Zero had attracted about USD 2 M from DSG Consumer Partners, Saama Capital, Verlinvest, othersFor FY24, Go Zero had reported about INR 11 Cr in Operating Income and about INR 3 Cr in Net loss.
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