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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.

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Sauce VC: Sauce VC launches third fund eyeing a corpus of Rs 250 crore

New Delhi-based investment firm Sauce VC, which has backed new-age luggage brand Mokobara, healthy foods startup The Whole Truth and petcare firm Supertails, aims to raise Rs 250 crore for its third fund. This comes as D2C firms see growing interest from risk capital investors. The firm looks to back 15-16 consumer brands in their early stages.

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Ecommerce in slow lane; PhonePe-BharatPe truce

Happy Monday! Online sales havent picked up during the final quarter of FY24, industry officials said. This and more in todays ETtech Morning Dispatch.

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Indian culinary genius shines in Cannes Film Festival

Chef Varun Totlani of Masque has created a menu that highlights regionality at the Cannes Film Festival 2024

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Anushka Sharma Twins With Virat Kohli, Holds Him Close As They Enjoy Dinner Date In Bengaluru | Photos

Anushka Sharma Twins With Virat Kohli, Holds Him Close As They Enjoy Dinner Date In Bengaluru | Photos
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