Go Zero, the emerging ice cream brand, has raised ₹30 crore (approximately $3.4 million) in its Series A funding round. The investment came from existing backers DSG Consumer Partners, Saama Capital, and V3 Ventures, alongside notable investors Aman Gupta and Namita Thapar. This round brings Go Zero’s total funding to $6 million.
The funds will be used to enhance its supply chain, introduce innovative products, and strengthen brand presence, particularly in Tier I and Tier II markets through quick-commerce platforms. Founded by Kiran Shah, Go Zero offers a diverse range of ice creams, including low-calorie, high-protein, and vegan options, all sweetened with plant-based alternatives.
Since launching in 2022, the brand has grown rapidly, achieving 5X revenue growth in its second year and 3X in its third. Despite January being a seasonal low for ice cream sales, Go Zero recorded its highest-ever revenue, surpassing ₹5 crore.
Operating in Mumbai, Delhi, Pune, Bangalore, and Hyderabad, the company is set to introduce new products like kulfi sticks and cassata. Competing with brands such as Hangyo, Hocco, and NIC, Go Zero continues to expand its market footprint with two manufacturing units in Mumbai and Bangalore.
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