General Atlantic discusses Rs 300-400 crore investment in Hocco Ice Cream
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
General Atlantic and ChrysCapital are in discussions regarding an investment of Rs 300-400 crore in Hocco Ice Cream. The proposed round is expected to value the Ahmedabad-based direct-to-consumer brand at Rs 4,000-4,500 crore, which is an 80% increase from its previous valuation of Rs 2,500 crore.
From indiatimes.com
Why it matters
The proposed investment involves a large primary capital injection into a growing D2C brand. This activity reflects General Atlantic's interest in expanding its investment ties within India's economy.
From indiatimes.com
Who's involved
- General AtlanticDiscussing a major investment in the D2C brand Hocco Ice Cream
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- General AtlanticSpeculative
Could see changes in investment activity and portfolio size through the proposed capital injection
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The entities involved
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General Atlantic
US venture capital firm
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