10 M INR funding received by Skippi Ice Pops from Shark Tank India
Skippi Ice Pops, India’s first ice popsicle brand, said on Tuesday that it has secured a stunning 10 million INR in investment for 15 percent ownership in the first season of Shark Tank India, which aired on Sony Entertainment Television.
Skippi Ice Pops was founded by Kabra Global Products Private Limited with the goal of introducing a fun new product to the F&B (food and beverage) industry. Skippi Ice Pops made history by being the first business to earn an All-Shark deal on Shark Tank India.
According to the firm, Skippi ice pops are here to bring back a bit of our youth while allowing parents to introduce one of their children’s favourite sweets with a product that is 100 percent natural and made with high cleanliness standards.
On receiving funding from Shark Tank India, Skippi Ice pops Co-Founder Ravi Kabra said “We are delighted to receive funding from Shark Tank India, 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 flavors to the Indian market,” he said.
Currently available at www.skippi.in in six fascinating flavours — Raspberry, Orange, Cola, Mango Twist, Bubblegum, and Lemon — as well as on all major online marketplaces including Amazon, Flipkart, and Qtrove, as well as in some states with a distributor network.
Skippi ice pops are presently accessible in over 660 locations in Hyderabad and 2200 locations across India, with more locations on the way.
It costs INR 240 for a paper box of 12 pops in 6 flavours and INR 666 for a bag of 36 pops, according to the press release.