Hangyo Ice Creams raised Rs 211 crore from Faering Capital to enhance production capabilities and accelerate new product development.
Amount Raised
₹2.11 Billion
Round Type
Funding Round
MangaluruManufacturingFood and BeverageInvestors
Description
Mangaluru-based Hangyo Ice Creams has raised around Rs 211 crore from private equity firm Faering Capital. The company plans to use the fresh capital to enhance its production capabilities, accelerate new product development and extend its presence across key markets in southern India.
Quick answer
Hangyo Ice Creams raised ₹2.11 Billion in a Funding Round round, dated August 22, 2024. Investors: Faering Capital. Hangyo Ice Creams is based in Mangaluru, Karnataka, India.
- How much did Hangyo Ice Creams raise?
- Hangyo Ice Creams raised ₹2.11 Billion in a Funding Round round on August 22, 2024.
- Who invested in Hangyo Ice Creams?
- Faering Capital is named as investors in this round.
- What does Hangyo Ice Creams do?
- Hangyo Ice Creams is a fast growing and profitable consumer company that has consistently delivered high quality products driven by state-of-the-art manufacturing.
- Where is Hangyo Ice Creams based and how big is it?
- Hangyo Ice Creams is based in Mangaluru, Karnataka, India.
- Who are the decision-makers at Hangyo Ice Creams?
- Fundz holds 1 contact at Hangyo Ice Creams. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Manufacturing around the same time
Companies in the same sectors as Hangyo Ice Creams that raised within 45 days of this round, from Fundz verified event records.
- Cauldron raised an undisclosed amount (Grant) on October 2, 2024.
- Endovia Health Sciences, Inc. raised $600K (Seed) on August 22, 2024.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- Jones Soda raised $5.9M on July 26, 2024.
- Joby Aviation raised $500M (Funding Round) on October 4, 2024.
- SKYX Platforms raised $11M on October 4, 2024.
Who to call at Hangyo Ice Creams, and when
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- An alert the day Hangyo Ice Creams raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Hangyo Ice Creams raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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