PE-VC Fund Investments
Ice cream parlour chain Hocco raises Rs.100-Cr led by Sauce VC
Bengaluru-based ice cream brand Hocco has raised INR 100 crore in a Series C funding round led by Sauce VC.Founded in 2022 by Ankit Chona and Pradeep Chona, Hocco operates casual dining restaurants, quick-service eateries and ice cream cafes through its brands Hocco Eatery, Hocco Ready-to-Eat, Huber & Holly and Hocco Creamery.The fresh funding will be used to increase manufacturing capacity, expand into new territories, and for marketing. The company also plans to launch operations in Telangana, Chhattisgarh, Punjab and Uttar Pradesh.
Between Jun-23 and Sep-25, Hocco had attracted about USD 40 M from Sauce VC and others.For FY25, Hocco had reported about INR 208 Cr in Operating Income and about INR 64 Cr in Net Loss.
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