Skippi Raises $1.4M Pre-Series A for India, Middle East Expansion

Skippi, an Indian ice popsicle brand featured on Shark Tank India, has raised ₹12 crore (approximately $1.4 million) in an extended pre-Series A funding round led by Dubai-based strategic family offices of Surya, contributing ₹10 crore, with the remaining ₹2 crore from angel investors. The company plans to use the capital to enhance brand visibility, support working capital, accelerate product innovation, onboard senior leadership, and expand into the Middle East. Founded in 2021 by Ravi and Anuja Kabra, Skippi has rapidly grown its monthly revenues 80-fold and established a pan-India presence in over 20,000 retail outlets and on multiple e-commerce platforms. The brand, known for its preservative-free ice pops made from natural ingredients and RO water, has diversified its portfolio to include snacks like Crazy Corn, Cornsticks, and Cream Rolls. Skippi's journey was notably boosted by a ₹1.2 crore investment from all six Shark Tank India investors, who took an 18% equity stake, and it has since raised seed and bridge funding rounds from prominent angel and venture investors. The fresh funding round, advised by Bestvantage Investments, aims to position Skippi as a top FMCG brand in India and support its international expansion efforts, especially in the Middle East.