Skippi raises ₹12 Crore in extended pre-series A Round

Skippi, India’s leading ice pops brand and a breakout success from Shark Tank India Season 1, has raised ₹12 crore in an extended pre-Series A funding round. The round was advised and facilitated by investment advisory firm Bestvantage Investments, and led by Dubai-based strategic family offices of Mr. Surya, who invested ₹10 crore. The remaining ₹2 crore was raised from other angel investors.

This strategic capital infusion will support Skippi’s aggressive growth plans, strengthening brand visibility, enhancing working capital, accelerating product innovation, and onboarding senior leadership. It will also help the company establish a footprint in the Middle East, with the support of its new investor.

Skippi, launched in 2021, has grown into India’s premier ice pops brand. Its products are now available in over 20,000 retail outlets nationwide and through top e-commerce platforms such as Zepto, Swiggy Instamart, Cred, Amazon, Big Basket, and its own website. The company recently diversified its portfolio with new offerings like Crazy Corn, Cornsticks, and Cream Rolls.

Earlier this year, Skippi had raised a bridge round from Hyderabad Angels Network (HAN) and Venture Catalysts (VCats), with participation from Soonicorn Ventures, HEM Securities, and prominent angel investors.

Skippi’s journey began with a ₹1.2 crore investment from all six sharks on Shark Tank India Season 1 that is Aman Gupta, Ashneer Grover, Anupam Mittal, Namita Thapar, Vineeta Singh, and Piyush Bansal for an 18% equity stake. Since then, the company has grown its monthly revenues by 80x, from ₹5–7 lakhs to several crores.

Ravi Kabra, chief executive officer and co-founder of Skippi, said, “This funding is a big step for Skippi as we work to become a top FMCG brand in India. We are very thankful for the support from our investors, including our valued sharks. With this money, we will focus on building our brand, creating new products, and bringing in great talent to our leadership team.”

Raman Sharma, chief executive officer and founder of Bestvantage Investments, added “Skippi has made an India-first brand in a market dominated by international players. We feel that there is a tremendous opportunity to take this product to the masses.”

With this momentum, Skippi aims to deepen its footprint across India and international markets, while continuing to deliver fun, innovation, and nostalgia to families everywhere.