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Hocco funding: Ice cream brand Hocco secures Rs 100 crore, valuation hits Rs 600 crore

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.

Saudi PIF-backed HPDC invests in Singapore's halal-focused FMCG firm Believe

Believe will move its headquarters from Singapore to Saudi Arabia, establishing it as a central hub for global product exports.

Deals in brief: Hitseries Capital backs Vietnam-based WeSale, LiveIn extends pre-Series B round, Zypp Electrics raises USD 15 million, and more

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

The Kingmaker and the Ideas Queen

[Weekly funding roundup May 11-17] VC inflow touches new high