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Hocco Ice Cream is in discussions to secure Rs 300-400 crore from General Atlantic and ChrysCapital, potentially increasing its valuation by 80%. This funding aims to support its growth as a D2C brand.
Amount Raised
₹4 Billion
Round Type
Venture
AhmedabadInvestors
Description
Hocco Ice Cream is negotiating with General Atlantic and ChrysCapital for an investment of Rs 300-400 crore. If successful, this round will significantly boost its valuation to Rs 4,000-4,500 crore. The funding is primarily focused on supporting Hocco's growth strategy. The company aims to enhance its presence in the direct-to-consumer market.
Fundz sees it the moment Hocco Ice Cream raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Hocco Ice Cream 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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