Hocco

Ahmedabad, India Founded: 2022 • Age: 4 yrs Minicorn
Chain of limited service restaurant serving ice cream, pizzas, sandwiches, and desserts

About Hocco

Hocco is a Consumer company based in Ahmedabad (India) founded in 2022 by Pradeep Chona, Satish Chona, and Ankit Chona. Chain of limited service restaurant serving ice cream, pizzas, sandwiches, and desserts. Hocco has raised $42.5 million across 6 funding rounds from investors including Angel List, Ardeko and HRPL Restaurants. Hocco was last valued at $168.03 million in May 2025. Its chief executive, as recorded, is Japesh Jayadhevan. Its website hocco.in draws about 18 thousand monthly visits. Its Indian entity Hocco Foods Private Limited reported revenue of β‚Ή211 Cr. Hocco offers products and services including Ice Cream Products, Franchise Services, and Ready-to-Eat Options. Its focus areas include Food and Agriculture, Food Service Chains, Restaurants and Limited Service. Its competitors include Hangyo, NIC Ice Creams and Polar Bear; 3 of its 3 listed competitors have raised funding.

Company details

Hocco was founded in 2022 in Ahmedabad, India, as a chain of limited-service restaurants in the food service sector. Operations focus on quick meals, with a menu that includes ice cream, pizzas, sandwiches, desserts, chana puri, bhaji pav, burgers, wraps, samosas, cutlets, Havmor ice cream, and milkshakes. The business is managed from its base in Gujarat, targeting local urban consumers.

  • Headquarters Ahmedabad, India
  • Founders Pradeep Chona, Satish Chona, Ankit Chona
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website hocco.in
  • Social LinkedIn X Instagram
  • Legal Name Hocco Foods Private Limited
  • Date of Incorporation 16 Jun, 2022
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹211 Cr

    FY 2025 · +550% YoY

  • Net Loss
    -₹63.95 Cr

    FY 2025 · -30% margin

  • EBITDA
    -₹54.38 Cr

    FY 2025 · -26% margin

  • Total Equity Funding
    $42.5M (USD)

    in 6 rounds

  • Investors
    Angel List

    & 30 more

Products & Services of Hocco

Hocco offers a comprehensive portfolio of products and services, including Ice Cream Products, Franchise Services, and Ready-to-Eat Options.

Ice Cream Products
Frozen Desserts

Variety of flavors for direct consumer enjoyment and retail.

Franchise Services
Business Expansion

Opportunities for partners to operate Hocco outlets.

Ready-to-Eat Options
Convenience Foods

Pre-packaged ice cream items for quick consumption.

Funding Insights of Hocco

Hocco has successfully raised a total of $42.5M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $42.5M
  • Total Rounds 6
  • First Round $920,512

    (Jun 2023)

  • Investors Count 31

All 7 funding rounds of Hocco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2026$10.7MSeries C––
Sauce
Sep 2025$13MSeries B––
May 2025$10.26MSeries B$168.03MChona Family Office, Sauce
Feb 2025$2.69MSeries A$73.86MHRPL Restaurants
Jan 2024$15.63MSeries A$β€’β€’β€’β€’β€’Sauce, Chona Family Office
Jun 2023$920,512Unspecified$β€’β€’β€’β€’β€’Sauce
–
Mar 2023$4.38MSeed––
–
Valuation history
DateValuationStage
May 2025$168.03Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2025$73.86Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2024$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2023$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Hocco

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Last known valuation $168.03M (May 2025). 31 investors in total: 11 institutional and 20 angel.

Investors in Hocco

Hocco has secured backing from 31 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Angel List, Ardeko and HRPL Restaurants.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital fund investing in early-stage consumer brand sectors
sauce.vcDelhi, India
Single family office investments in private equity are managed.
chonafamilyoffice.comMumbai, India
Private equity is invested in companies across multiple sectors.
Mumbai, India
Single family office services are provided for Nisa Godrej.
Ahmedabad, India
Private equity firm focused on multiple sectors
Mumbai, India
Restaurant serving multiple dishes
1997hrplindia.comAhmedabad, India
Alternative investment platform for startups and investors is operated.
2010angellist.comSan Francisco, United States
Media production, publishing and printing newspapers.
lokmat.netMumbai, India
haldyn.com
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Investor details for Hocco

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Board of directors of Hocco Foods Private Limited (Hocco)

Hocco Foods Private Limited is the primary company behind Hocco. The boards of the 2 registered companies of Hocco currently have 3 directors; the longest-serving is Ankit Pradeep Chona, appointed in 2023. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ankit Pradeep Chona
DIN 01670485
Director16 Mar 20233 yrs 7 moHocco Industries Private Limited, Hocco Foods Private Limited
Pradeep Satishchandra Chona
DIN 01670452
Director16 Mar 20233 yrs 7 moHocco Industries Private Limited, Hocco Foods Private Limited
Biseswar Debabrata Mukherjee
DIN 08128025
Director08 Jun 20233 yrs 5 moHocco Industries Private Limited, Hocco Foods Private Limited

People of Hocco

4 people are tracked at Hocco (4 in leadership).

NameRoleGroup
Co-FounderLeadership
Satish Chona
ex-Co-FounderLeadership
Co-Founder & Managing DirectorLeadership
Japesh Jayadhevan
CEOLeadership
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Financials of Hocco

Figures of Hocco Foods Private Limited, the primary company behind Hocco, for FY 2025. Revenue was ₹211 Cr (+550% year on year). Net loss was -₹63.95 Cr (-30% margin). EBITDA was -₹54.38 Cr (-26% margin).

  • ₹211 CrRevenue · FY 2025 · +550% YoY
  • -₹63.95 CrNet loss · -30% margin
  • -₹54.38 CrEBITDA · -26% margin
  • ₹8.12 CrPaid-up capital
  • 12Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Hocco Foods Private Limited are on its company page.

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Timeline of Hocco

4 dated milestones of Hocco across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hocco is founded.
  2. Funding First funding round of $921K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C,.

Competitors of Hocco

Hocco has 3 listed competitors in our database, 3 of them funded. They include Hangyo, NIC Ice Creams and Polar Bear.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hangyo.in2002Mangaluru, India$30.35M663
Ice cream products are manufactured and branded by Hangyo.
nicicecreams.com1984Pune, India$31M1,448
NIC Ice Creams is recognized for crafting premium, artisanal ice creams with real ingredients.
polarbear.co.in2008Bengaluru, India$32,336386
Polar Bear is recognized for offering ice cream sundaes.
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Detailed competitors of Hocco

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Web traffic of Hocco

The website of Hocco (hocco.in) receives about 18.2K visits a month.

  • Monthly visits
    18.2K

    ▼ 0.7% vs previous month

Similar websites

Websites whose visitors overlap most with Hocco. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
havmor.com
100%
35.9K#694,743View details
kingofpops.com
100%
#4,017,482View details
swiggy.com
90%
21.3M#1,566View details
zomato.com
86%
17.2M#2,861View details
curlytales.com
80%
402K#124,452View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Food Service Chains

2 companies that operate in the same segment as Hocco (Food Service Chains) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Coffee and related products are served by a restaurant chain.
1993Bengaluru, Karnataka, IndiaUSD 236.07 MUSD 110.67 M2,863
Tea and snacks are served by Chaayos in limited-service restaurants.
2012Delhi, Delhi, IndiaUSD 94.23 MUSD 31.69 M2,075
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Related news about Hocco

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Frequently Asked Questions about Hocco

Hocco was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Hocco is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Japesh Jayadhevan is the CEO of Hocco, as recorded in our data.

Hocco is a funded company, having raised a total of $42.5M across 6 funding rounds to date. The company's 1st funding round was a Seed of $4.38M, raised on Jun 2023.

The primary company behind Hocco, Hocco Foods Private Limited, reported revenue of β‚Ή211 Cr for FY 2025, up 550% year on year.

Hocco was founded in 2022 in Ahmedabad, India, as a chain of limited-service restaurants in the food service sector. Operations focus on quick meals, with a menu that includes ice cream, pizzas, sandwiches, desserts, chana puri, bhaji pav, burgers, wraps, samosas, cutlets, Havmor ice cream, and milkshakes. The business is managed from its base in Gujarat, targeting local urban consumers.

Hocco's top competitors include Hangyo, NIC Ice Creams and Polar Bear.

Hocco offers Ice Cream Products, Franchise Services, and Ready-to-Eat Options.

Hocco has 31 investors. Key investors include Angel List, Ardeko, HRPL Restaurants, Sangeet Agrawal, and Navin Parwal.

The valuation of Hocco is $168.03M as of May 2025.

Hocco is associated with 2 legal entities: Hocco Foods Private Limited, Hocco Industries Private Limited.

The legal entities of Hocco currently have 4 directors, including Ankit Pradeep Chona, Pradeep Satishchandra Chona, Biseswar Debabrata Mukherjee and others.

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