Hyderabad based Skippi Ice Pops raises early stage investment
- ByTejika Bajaj | December 29, 2021
Hyderabad based ice Popsicle brand Skippi IcePops has recently raised a consolidated sum of $133,894.80 from Shark Tank India for a 15 per cent equity share in the company.
The list of investors include prominent entrepreneurs like Ashneer Grover of BharatPe, Anupam Mittal of Shaadi.com, Aman Gupta of boAt Lifestyle, Vineeta Singh of SUGAR Cosmetics and Namita Thapar, of Emcure Pharmaceuticals.
Commenting upon the recent infusion of early-stage capital in the ice popsicle business, the Co-founder of Skippi Ice Pops, Ravi Kabra expressed, “It is a testament to our idea of creating disruption in the F&B industry with innovation and research. We plan to invest this amount to drive more innovation and introduce more refreshing flavours to the Indian market.”
Led by husband and wife duo, Ravi Kabra and Anuja Kabra, Skippi Ice Pops uses natural flavours, preservatives and sweeteners in its ice popsicles which are sold in over 660 outlets in Hyderabad and 2,200 outlets across India. The company has priced its products at Rs 240 for a paper box of 12 pops with 6 flavours and Rs 666 for a bag of 36 pops.
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