India, May 15 -- Ice cream brand Hocco has raised $10 Mn (around INR 85.56 Cr) as a part of its $20 Mn Series B funding round.

The round was co-led by Chona family office and Sauce.vc.

The company plans to use the fresh capital primarily to expand its production capacity and support its expansion into new markets across India.

Hocco also aims to strengthen its distribution networks and supply chain infrastructure, while also focussing on product innovation and development of new flavours.

"At Hocco, we've poured our hearts into every scoop, and this fresh capital gives us the strength to dream bigger, reach farther, and serve many more with the joy of truly great ice cream," said Hocco cofounder and managing director Ankit Chona.

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