25-Feb-2022 | Market Research Store
India's 1st Ice Popsicle brand, Skippi Ice Pops, got whopping funding of 10 million INR in the first edition of Shark Tank India for around 15% equity broadcasted on Sony Entertainment Television late in December.
Skippi Ice Pops, led by Kabra Global Products Pvt. Ltd., is likely to innovate and launch a new product with a touch of fun and entertainment in the food and beverage sector through the beautiful couple Anuja and Ravi Kabra.
Skippi Ice Pops became memorable by becoming the first brand to get an All Shark Deal on Shark Tank India. Shark Tank India was impressed by the pitch, and the product by Skippi Ice Pops offered backing from all the five sharks including, Namita Thapar, Executive Director, Emcure Pharmaceuticals; Vineeta Singh, CEO & Co-founder, SUGAR Cosmetics; Aman Gupta, Co-founder & CMO, boAt; Anupam Mittal, Founder & CEO, Shaadi.com; and Ashneer Grover, MD and Co-founder, Bharat Pe.
Skippi ice pops is likely to bring part of our childhood back while letting parents show some of the most loved delicacies to the children with the product that is 100% natural and is manufactured with the highest stringent hygiene standards.
On receiving funding from Shark Tank India, Ravi Kabra, Co-founder of Skippi Ice Pops 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.”
The product is currently available in 6 different flavors including lemon, bubblegum, mango twist cola, orange, and raspberry. One can check for the product details on their website. One can order the product through their web portal itself. However, the product is also available across different markets including Qtrove, Flipkart, Amazon, and several state distributor chains.
Skippi ice pops are available in Hyderabad with over 660 outlets and also hold around 2206 across India. However, the number is likely to grow after receiving such heavy investment. The product is priced at INR 240 with 12 pops in 6 different flavors for a paper box and INR 666 for a bag of 36 pops.
Also, the company is India's first ice pop brand that claims to opt for 100% natural sweeteners, preservatives, colors, and flavors. Skippi ice pops is also the first brand in the country that is to be sold in organized retail outlets.
An offshoot of Prabhat Udyog (India), Kabra Global Products Pvt. Ltd. owns Skippi Ice Pops. Kabra holds over 40 years of experience in the Food & Beverage industry. Also, Kabra Global Products Pvt Ltd is aiming to encourage the best brands and products to both the Indian markets and Exports.