Skippi raises Rs 12 crore in extended pre-series A round led by Dubai-based family office
Ice pops
startup
Skippi
has raised Rs 12 crore in an extended
pre-series A funding
round, it shared in a media release on Tuesday.
The round was led by Dubai-based strategic family offices, contributing Rs 10 crore, with the remaining Rs 2 crore raised from other angel investors. Investment advisory firm Bestvantage Investments advised and facilitated the round.
'With this money, we will focus on building our brand, creating new products, and bringing in great talent to our leadership team,' said
Ravi Kabra
, CEO and Co-founder of Skippi.
The company said the capital will be used to strengthen brand visibility, enhance working capital, accelerate product innovation, and onboard senior leadership. It also plans to establish a presence in the Middle East with support from its new investor.
Launched in 2021, Skippi is currently available in over 20,000 retail outlets across India, as well as on e-commerce platforms such as Zepto, Swiggy Instamart, Amazon, Big Basket, Cred, and its own website. The company has also introduced products including Crazy Corn, Cornsticks, and Cream Rolls.
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