Hocco, an ice cream brand, has raised around $13 million in a new funding round led by long-term investor Sauce.vc. In a separate development, Dharana Capital has led nearly $15.4 million in funding in Petpooja, a cloud-based SaaS platform for restaurants.
Sauce.vc leads funding in Hocco
Hocco, an ice cream brand, has raised nearly $13 million (Rs 115 crore) in a new funding round led by long-term investor Sauce.vc, bringing the company’s valuation to nearly $225 million (Rs 2,000 crore).
The fresh capital will be used to expand manufacturing capacity, strengthen cold-chain infrastructure, develop new products, and grow the company’s presence across India as well as select international markets.
“Sauce.vc has been a long-time believer in our journey, backing us from the very start, and their continued support is a huge validation of what we’re building. With this capital, we’re doubling down on that idea and scaling it for many more consumers across India and beyond,” said Ankit Chona, Managing Director of Hocco.
By summer 2026, Hocco expects to reach nearly 3 lakh litres of manufacturing capacity, positioning it among India’s larger ice cream production facilities. The company also plans to increase its presence in quick commerce, modern retail, and travel-linked touchpoints.
Petpooja raises $15.4m led by Dharana Capital
Dharana Capital, an India-focused growth-stage investment firm, Monday announced that it has led a nearly $15.4 million (Rs 137 crore) funding round in Petpooja, a cloud-based SaaS platform for restaurants.
The funding round, which is a mix of primary and secondary capital, also saw participation from Ashish Gupta, co-founder of Helion Ventures; Abhiraj Singh Bhal, Varun Khaitan, Raghav Chandra, founders of Urban Company; and Mukund Kulashekaran, Chief Business Officer at Urban Company, Dharana Capital said in a statement.
The fresh capital will be utilised to enhance Petpooja’s product portfolio, accelerate AI-driven automation, and bolster customer support.
Founded in 2011 by Parthiv Patel and Apurv Patel, Petpooja serves over 100,000 restaurants in India, the Middle East, the US, and Africa, across 140+ cities. Among Indian cloud-based restaurant POS players, Petpooja processes over 7 million orders daily. Petpooja continues to add allied products like payroll and invoice automation for its customers.
