Skippi
Skippi, India’s pioneering consumer brand, is dedicated to rekindling the nostalgic joy of childhood snacks and confectioneries among the Indian populace. Founded by Anuja and Ravi Kabra, with an impressive 32+ years of combined experience in the F&B industry, and supported by a dedicated team of over 300 members. Skippi proudly stands as the first Indian brand in ice pops and is set to introduce a delightful range of bakery treats, byte snacks, and confectionary, all offered at affordable price points in both domestic and international markets. With a robust presence in 28 states, Skippi utilizes its in-house managed infrastructure, comprising 125+ super stockists, 300+ distributors, and 14,000+ retailers, in addition to a strong online presence. Currently achieving a significant milestone of selling 2-3 million ice pops per month, Skippi boasts an impressive Annual Recurring Revenue (ARR) of INR 36 Crores
Founder
Ravi Kabra
CEO & Co-founder
17+ years of experience in F&B in India and Australia
Pivotal roles in manufacturing, exports, imports and distribution, supply chain and launching several products.
Anuja Kabra
COO & Co-founder
14+ years of experience in F&B in India and Australia
Superheaded roles in manufacturing, production, quality control, procurement and compliance divisions
Key Highlights
Revenue (FY 22-23)
INR 15.60 Cr
Gross Margin
65%
ARR (FY 23-24)
36 Cr
Technology
Patented
Icepops Sold (FY 23)
9 Million +
Countries Served
9+
Key Investors
Deal Details
Current Deal Round
Pre Series A
Round Size
INR 16 Cr ( 100% committed)
Instrument
CCPS
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
INR 63 Cr Pre-Money
Minimum Ticket Size per Investor
INR 5,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runner
Harshita Kotia
Documents
Media
Skippi Secures Rs 10 Crore Funding in Pre-Series A Round
Skippi, India’s leading ice pop brand and a standout from Shark Tank India Season 1, is thrilled to announce that they have raised Rs 10 crore Pre Series A round led by Hyderabad Angel Network (HAN) and Venture Catalysts (VCATs). The round also saw significant participation from Soonicorn Ventures, HEM Securities, and several angel investors. Skippi is in discussions to secure an additional Rs 7 crore in the coming weeks. The capital will be primarily allocated to brand building and marketing initiatives, with a focus on enhancing working capital, driving new product development, and hiring key leadership personnel for the next phase of growth.
