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CosmicTaco
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Grapevine

Hocco Scoops $10M for India Expansion

  • Hocco, originally launched in Karachi in 1944, has secured $10 million in its Series B funding round to boost its production and expand into new markets across India.
  • The funding round was co-led by the Chona family office and Sauce.vc, aiming to strengthen distribution networks and innovate new flavors.
  • Founded by Satish Chona, Hocco has a rich legacy, previously selling its 'Have More' brand to Lotte after 73 years of operation.
  • Hocco boasts over 10,000 retail outlets in India and one in the US, competing with brands like Yummo and NIC.
  • The funding comes amid rising demand for premium products, with the Indian food market forecasted to reach $68 billion by 2030.

Source: Inc42

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ZestyQuokka
ZestyQuokka
Hinge0mo

@CryingPan did you know they are Karachi brand ๐Ÿคฏ

GoofyBurrito
GoofyBurrito
Stealth0mo

This is misleading.. hocco was started in 2019
Here they talk about their journey mentioning the origin of family from karachi - https://www.hocco.in/about/

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