Mumbai, June 24, 2025 — Skippi, India’s leading ice popsicle brand and a fan favorite from Shark Tank India Season 1, has announced the successful closure of an extended pre-Series A funding round worth ₹12 crore. This strategic raise marks another milestone in the startup’s rapid ascent as a disruptive force in India’s FMCG landscape.
Credits: Business of Food
A Cool Funding Boost for a Hot Brand
The funding round was led by Dubai-based strategic family offices of Mr. Surya, who contributed ₹10 crore. The remaining ₹2 crore came from other angel investors. The round was advised and facilitated by Raman Sharma-led Bestvantage Investments, a boutique investment advisory firm specializing in startup financing across India and the Middle East.
This fresh infusion of capital is aimed at strengthening brand visibility, enhancing working capital, ramping up product innovation, onboarding senior leadership, and most notably, expanding Skippi’s footprint into Middle Eastern markets. With its growing popularity and new capital in hand, Skippi is eyeing not just more freezers in India, but aisles across international borders.
From Shark Tank to Supermarket Shelves
Skippi was founded in 2021 by husband-wife duo Ravi and Anuja Kabra with a mission to revive the nostalgic Indian ice popsicle market. The brand shot to national fame after becoming the first company on Shark Tank India Season 1 to win investment from all six sharks — Aman Gupta, Ashneer Grover, Anupam Mittal, Namita Thapar, Vineeta Singh, and Piyush Bansal — who together invested ₹1.2 crore for an 18% stake.
That pivotal moment turned into a launchpad. Skippi’s monthly revenue has since jumped by nearly 80 times — from ₹5–7 lakh to several crores — transforming the startup into a formidable challenger in a category long dominated by multinational giants.
Building a Modern FMCG Powerhouse
“This funding is a big step for Skippi as we work to become a top FMCG brand in India,” said Ravi Kabra, CEO and Co-Founder. “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.”
Skippi has already begun diversifying beyond ice pops, recently launching products such as Crazy Corn, Cornsticks, and Cream Rolls — tapping into snack segments that blend indulgence, convenience, and health. These additions aim to deepen brand recall and widen shelf presence, giving Skippi an edge in becoming a full-spectrum player in the packaged food industry.
Backing the Next Big FMCG Story
Raman Sharma, CEO and Founder of Bestvantage Investments, emphasized the broader vision: “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.”
Bestvantage’s role has been crucial in aligning Skippi with strategic investors who bring not just capital but expansion opportunities — especially in the Middle East. For a brand built on nostalgia and simplicity, this could be its gateway to global recognition.
What’s Next for Skippi?
With over 20,000 retail touchpoints and a solid presence on digital platforms like Amazon, Big Basket, Cred, and Swiggy Instamart, Skippi is now gearing up for its next chapter. The brand aims to scale operations further across India, double down on innovation in the frozen and ambient snack space, and replicate its success internationally.
More than just a summer treat, Skippi is quickly becoming a year-round favorite — a brand that blends childhood memories with a modern FMCG playbook.
Credits: Entrackr
Conclusion:
In just a few years, Skippi has gone from a nostalgic idea to a nationally recognized FMCG brand with global ambitions. With strong investor backing, strategic expansion plans, and a growing product portfolio, the company is poised to redefine the frozen treats and snack food category in India and beyond. As it enters a new phase of growth, Skippi is not just selling ice pops — it’s building a brand that promises joy, innovation, and a taste of childhood with every bite.
