Ice cream brand Go Zero has raised $1 million in its pre-Series A funding round led by DSG Consumer Partners, Saama, and V3 Ventures, with participation from angel investors Shantanu Deshpande, Arjun Purkayastha, Nikhil Vora, Krishi Fagwani, and others.
The funds will be used to expand its market reach, enhance its production capabilities, strengthen its distribution network, and introduce more innovative flavours and product lines, Go Zero said in a press release.
According to the company, it will look at expanding our presence in all major cities and on all e-commerce and quick commerce channels such as Swiggy, Zomato, Blinkit, Instamart, and Zepto.
Founded by Kiran Shah, the brand’s diverse product portfolio comprises zero-sugar, high-protein, and low-calorie ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are completely safe and low in calories.
In May, Walko Food’s NIC, an ice cream brand and a quick-service restaurant (QSR) company, raised $11 million in a growth funding round led by Jungle Ventures.