Hocco Foods Private Limited has raised $10 million from a Series B fundraise, co-led by the Chona Family Office and Sauce VC.
Burgeon Law advised Hocco on this fundraise.
The transaction team consisted of Ankit Bhasin (Partner), Aastha Agarwallaa (Senior Associate), Saransh Agarwal (Associate) and Jesika Somani (Associate)
IC Universal Legal acted as the legal counsel for Sauce.vc on this fundraise.
The transaction team consisted of Sambhav Ranka (Senior Partner), Dhruma Paronigar (Partner), Shubhangi Singh (Associate), Likhita Agrawal (Associate) and Kaumudi Sharma (Associate)
The funding was co-led by the Chona Family Office and Sauce VC, both of whom had also backed Hocco’s $12 million Series A round in 2024, which valued the company at ₹600 crore. The fresh capital will be used to double production capacity to 2.5 lakh litres per day by February 2026, strengthen cold-chain logistics, and expand into new markets including Uttar Pradesh, Punjab, Chhattisgarh, Delhi NCR, Rajasthan, and Maharashtra. Hocco, which launched commercially in October 2023, closed FY25 with ₹220 crore in revenue and is targeting ₹420–450 crore in FY26.
Hocco is a legacy brand renowned for its premium ice creams. With a commitment to quality, Hocco has established itself as a go-to choice for ice cream lovers seeking indulgence and satisfaction. Their product range includes classic favorites as well as innovative flavors.
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