{"id":2389,"date":"2024-06-03T05:35:36","date_gmt":"2024-06-03T05:35:36","guid":{"rendered":"https:\/\/www.founderlabs.in\/?p=2389"},"modified":"2024-07-13T16:11:41","modified_gmt":"2024-07-13T16:11:41","slug":"ice-pop-brand-skippi-raised-funding","status":"publish","type":"post","link":"https:\/\/www.founderlabs.in\/?p=2389","title":{"rendered":"Hyderabad-based Ice Pop Brand Skippi Secures \u20b910 Crore in Pre-Series A Funding"},"content":{"rendered":"\n

India’s first ice pop brand ‘Skippi’ has revived our memories and lost love for Chuski’s or water-based Ice pops that comes in colorful packings and from kids to the elderly delights all<\/strong>. <\/h2>\n\n\n\n

The Ice Pop brand recognized how the demand for ‘Chuski’s’ or ice pops is rising and in every city the demand is there beyond traditional ice creams.<\/h3>\n\n\n\n

Skippi got famous via shark tank, raised Rs 10 crore in a Pre-series A funding round led by Hyderabad Angel Network (HAN) and Venture Catalysts (VCATs).<\/strong><\/p>\n\n\n\n

The Company is in discussions to raise an additional Rs 7 crore in the coming weeks, according to a statement.<\/strong><\/p>\n\n\n\n

“The capital will be primarily allocated to brand building and marketing initiatives, with a focus on enhancing working capital, driving new product development, and hiring key leadership personnel for the next phase of growth,” it said.<\/p>\n\n\n\n

Launched in 2021, Skippi is available in over 20,000 outlets nationwide and through major online platforms. Its monthly revenues have increased 80 times from initial figures of Rs 5-7 lakh since appearing on Shark Tank Season 1.<\/p>\n\n\n\n

The company, which aims to reach a Rs 100 crore valuation, has expansion and innovative product offerings, including the recent introduction of cornsticks and cream rolls.<\/p>\n\n\n\n

“With this money, we will focus on building our brand, creating new products, and bringing in great talent to our leadership team,” Skippi CEO and Co-Founder Ravi Kabra said.<\/p>\n\n\n\n

(Image courtesy: Mishry)<\/em><\/strong><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The company, which aims to reach a Rs 100 crore valuation, has expansion and innovative product offerings, including the recent introduction of cornsticks and cream rolls.<\/p>\n","protected":false},"author":3,"featured_media":2553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[645,293],"tags":[963,964,965,966,967],"class_list":{"0":"post-2389","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-funding","8":"category-top-news","9":"tag-hyderabad-angel-network","10":"tag-ice-pops","11":"tag-shark-tank","12":"tag-skippi","13":"tag-vcats"},"yoast_head":"\nHyderabad-based Ice Pop Brand Skippi Secures \u20b910 Crore in Pre-Series A Funding - Founderlabs<\/title>\n<meta name=\"description\" content=\"Skippi got famous via shark tank, raised Rs 10 crore in a Pre-series A funding round led by Hyderabad Angel Network & Venture Catalysts\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.founderlabs.in\/?p=2389\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyderabad-based Ice Pop Brand Skippi Secures \u20b910 Crore in Pre-Series A Funding\" \/>\n<meta property=\"og:description\" content=\"Skippi got famous via shark tank, raised Rs 10 crore in a Pre-series A funding round led by Hyderabad Angel Network & Venture Catalysts\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.founderlabs.in\/?p=2389\" \/>\n<meta property=\"og:site_name\" content=\"Founderlabs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/founderlabsindia\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-03T05:35:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-13T16:11:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.founderlabs.in\/wp-content\/uploads\/2024\/06\/skippi.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"516\" \/>\n\t<meta property=\"og:image:height\" content=\"796\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gargi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@founderlabs_ind\" \/>\n<meta name=\"twitter:site\" content=\"@founderlabs_ind\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gargi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2389#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2389\"},\"author\":{\"name\":\"Gargi\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/#\\\/schema\\\/person\\\/afab350a7a241df759bfd7f712a8039d\"},\"headline\":\"Hyderabad-based Ice Pop Brand Skippi Secures \u20b910 Crore in Pre-Series A Funding\",\"datePublished\":\"2024-06-03T05:35:36+00:00\",\"dateModified\":\"2024-07-13T16:11:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2389\"},\"wordCount\":243,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2389#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.founderlabs.in\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/skippi.jpg\",\"keywords\":[\"Hyderabad Angel Network\",\"Ice pops\",\"Shark Tank\",\"Skippi\",\"VCATs\"],\"articleSection\":[\"Founder Playbook\",\"Top news\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.founderlabs.in\\\/?p=2389#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2389\",\"url\":\"https:\\\/\\\/www.founderlabs.in\\\/?p=2389\",\"name\":\"Hyderabad-based Ice Pop Brand Skippi Secures \u20b910 Crore in Pre-Series A Funding - 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