Author: DC Team

Hocco, the Ahmedabad-based ice cream brand, has raised ₹100 crore at a ₹600 crore valuation. The funding will boost manufacturing capacity, support expansion into new markets, and leverage quick commerce to drive growth. Hocco, an emerging ice cream brand based in Ahmedabad, has recently made headlines by raising ₹100 crore in a significant funding round, boosting its valuation to ₹600 crore. Established as a new-age player in the frozen dessert market, Hocco is gaining recognition for its innovative approach and rapid growth. This latest funding round, led by the Chona family, the brand’s promoters, and existing investor Sauce VC, with…

Go Zero has secured $1.5 million in funding from existing investors DSG Consumer Partners, Saama Capital, and V3 Investors. This investment will drive the brand’s expansion into new markets and enhance its ecommerce and quick commerce operations, reflecting confidence in Go Zero’s growth potential and innovative approach. Go Zero, a pioneering ice cream brand renowned for its innovative approach and focus on health-conscious offerings, has successfully secured $1.5 million in funding from its existing investors. This investment, led by DSG Consumer Partners, Saama Capital, and V3 Investors, will significantly boost the company’s growth and market presence. Go Zero is revolutionizing…

Brooklyn Creamery launches protein ice cream bars, combining indulgent flavors with high-quality whey protein. Ideal for fitness enthusiasts and health-conscious consumers, these bars meet rising demand for nutritious and delicious frozen desserts. The Brooklyn Creamery, a leading innovator in the dessert industry, has introduced a new line of protein ice cream bars. This launch caters to the growing demand for health-conscious yet indulgent dessert options, available both domestically and in the UAE. Their strategic partnership with a quick-commerce platform enhances product accessibility and convenience. Product Launch and Market Strategy In response to the growing trend towards high-protein diets, The Brooklyn…

Vadilal Gandhi’s journey from a small street soda shop in 1907 to establishing an iconic ice cream brand showcases his visionary entrepreneurship and relentless innovation. His commitment to quality and unique approach transformed a modest beginning into a thriving enterprise, making Vadilal Ice Cream a household name known for its excellence and creativity. The story of Vadilal Ice Cream is a testament to entrepreneurial vision and resilience. In 1907, Vadilal Gandhi, a young and ambitious entrepreneur from Ahmedabad, began his journey with a modest street soda shop. His refreshing beverages quickly won the hearts of the local community, providing a…

Heritage Foods reported strong Q1 FY25 results with net sales rising 11.8% to ₹1,032.67 crore, net profit up 249.07% to ₹58.43 crore, and EBITDA increasing 140.96% to ₹99.37 crore. The company’s EPS also improved significantly. Stock performance showed an 84.37% gain over six months and a 105.42% gain over 12 months. ICICI Securities has revised its rating to Add with a target price of ₹610. Heritage Foods has delivered an outstanding financial performance for the quarter ending June 2024, marked by significant growth across key metrics. The company’s results highlight robust market presence and effective operational strategies. Here’s a detailed…

Maharashtra CM Eknath Shinde has proposed a stricter state law to combat milk adulteration, surpassing current regulations. The law will include harsher penalties and non-bailable offences. A joint FDA and dairy department campaign will target adulterants, supported by improved infrastructure. The initiative, welcomed by public and health experts, aims to set a new standard in food safety and may influence other states and the dairy industry. Maharashtra Chief Minister Eknath Shinde has unveiled a significant new initiative aimed at tackling milk adulteration with a proposed separate state law. This new measure is set to be more stringent than the existing…

Purabi Dairy has signed an MoU to manage the Dhemaji dairy plant, enhancing milk production and distribution in Upper Assam. This collaboration aims to boost local dairy sector development, provide farmer training, and improve supply chain efficiency. The West Assam Milk Producers’ Co-operative Union Ltd., also known as Purabi Dairy, has entered into a significant partnership with the Directorate of Dairy Development (DoDD) of the Government of Assam. This collaboration, formalized through a Memorandum of Understanding (MoU), is set to transform the dairy landscape in Upper Assam by taking over the operations of a 5,000-litre per day dairy plant located…

Milk Mantra, a Bhubaneswar-based dairy startup, rebounded from a INR 12.3 crore loss in FY23 to a INR 9.8 crore profit in FY24. Revenue rose by 1.3% to INR 276.4 crore, led by gains in pasteurized milk and curd. The company reduced expenses by 7%, demonstrating strong cost control and effective management despite market challenges. Milk Mantra, a Bhubaneswar-based dairy tech startup founded in 2009 by Srikumar Misra and Rashima Misra, has made a significant impact in the dairy industry since its inception. Launched in 2012, the company offers a range of products under its brands Milky Moo and Moo…

Tetra Pak and Mengniu Group have launched a limited-edition milk carton promotion featuring Van Gogh and Monet masterpieces. Utilizing Tetra Pak’s innovative digital inkjet Custom Printing technology, these Prisma Aseptic 250 Edge cartons showcase art in a new, vivid way. This first-of-its-kind packaging technology allows for diverse, detailed designs and ensures top-quality milk preservation. In a dazzling fusion of art and innovation, Tetra Pak and Mengniu Group have unveiled a groundbreaking promotion that turns milk cartons into masterpieces. For the first time, dairy enthusiasts in China can enjoy their Milk Deluxe Pure Milk in cartons adorned with the vibrant works…

The Indian ice cream industry is booming this summer, driven by market expansion, digital innovation, and sustainable packaging. Major players are ramping up their efforts to meet increasing consumer demand for frozen treats, focusing on new flavors, digital marketing strategies, and eco-friendly practices to capture growth and shape the future of frozen desserts. As the summer heat sets in, the Indian ice cream industry gears up for its busiest season. With increasing temperatures fueling consumer desire for refreshing frozen treats, major players are ramping up innovation and expansion efforts to meet the rising demand. The sector is poised for substantial…