Happy Monday! Investors in new-age startups are set for huge gains as these firms list on the public markets. This and more in todays ETtech Morning Dispatch.
Ahmedabad s Hocco has secured fresh funding of Rs 100 crore (approximately $12 million). Led by the founding Chona family and existing investor Sauce VC, the round valued Hocco at Rs 600 crore. The deal also attracted angel investors like Bollywood filmmakers Ritesh Sidhwani and Farhan Akhtar. The company projects revenue to reach Rs 200 crore by March 2025.
The Chona family, which launched the popular ice-cream brand Havmor and later sold the Ahmedabad-based venture to South Korean conglomerate Lotte for over $150 million six years ..
Apart from the knowledge being shared, the Print Summit camaraderie is truly wonderful, say Narendra Paruchuri. Ramesh Kejriwal was impressed by Marico’s Harsh Mariwala Print Summit 2016 talk, during which Mariwala took the 1,000 delegates down the Parachute and Saffola memory lane. Kejriwal, Paruchuri, and Faheem Agbaatwala share their experiences, and why you should attend PS23. A Sunday Column special. Read on.