Skippi

Skippi

Candy Brand.

Founded

2020

Headquarters

Hyderabad (India)

Status

Seed

Company Details

Website

Socials

Email

Phone

+91 - 8019248484

Skippi is India’s pioneering ice pop brand in the frozen treats and snack foods sector. The company was created by Ravi and Anuja Kabra, leveraging their 17+ years of food industry experience to fill a gap in the hygienic, natural ice pop market. Skippi’s core business is the manufacturing and distribution of 100% natural ice pops and related snacks, targeting both nostalgic adults and health-conscious families. The company’s competitive edge lies in its clean-label promise, innovative flavors and omnichannel distribution.

Key Milestones

  • Shark Tank India (2021): Secured ₹1.2 crore from all six sharks, becoming the first brand to achieve an all-shark deal; revenue soared 40X post-appearance.

  • 2022: Won Franchise India Small Business Award and Economic Times Award for Corporate Excellence.

  • 2023–2024: Expanded to 14,000+ outlets in India and entered international markets (UAE, Singapore, Oman, Kuwait, Nepal, Bhutan, Dubai).

  • 2024: Raised ₹10 crore in a pre-Series A round led by Hyderabad Angel Network and Venture Catalysts; monthly sales reached ₹2–2.8 crore.

  • 2025: Targeting ₹100 crore in annual revenue and 1 lakh outlets by FY25, with 60–70% YoY growth.

Unique Selling Propositions

  • Nostalgia with Innovation: Revives childhood ‘chuski’ in modern, hygienic, and fun packaging.

  • Omnichannel Reach: Available in 20,000+ outlets and major online platforms (Zepto, Blinkit, Amazon, Swiggy, BigBasket).

  • Product Diversity: 15+ SKUs including ice pops, cornsticks, cream rolls, and eggless muffins; launches new products every six months.

  • International Presence: Exports to multiple countries; preparing for US and UK launches via Amazon.

Core Products and Services

Ice Pops

  • 100% natural ice pops in 14+ flavors (e.g., Raspberry, Mango Twist, Bubblegum, Cola, Lemon).

  • Packaged for hygiene and convenience; available in multi-flavor combo packs.

Snacks & Bakery

  • Crunchy Cornsticks (Sweet Corn, Magic Masala, Tangy Tomato, Thai Chilli).

  • Eggless muffins in assorted flavors.

  • Cream rolls and other impulse snacks.

Product Expansion

  • New product launches every 6–12 months, including desi flavors and functional snacks.

International Range

  • Export-ready packaging and flavors tailored for global markets.

Business Model & Revenue Streams

Omnichannel Distribution

  • Offline (80% of business): General trade, modern retail, and mom-and-pop stores; 20,000+ outlets nationwide.

  • Online (20%): E-commerce (Amazon, Flipkart), quick commerce (Zepto, Blinkit, Swiggy Instamart), and D2C via Skippi’s website.

Revenue Contribution

  • Ice pops remain the flagship product, contributing the majority of revenue.

  • Cornsticks, muffins, and cream rolls are fast-growing categories, now accounting for 20–25% of sales.

Customer Segmentation

  • B2C: Core focus on families, children, and nostalgic adults.

  • B2B: Institutional sales to schools, events, and export partners; growing share in international markets.

Top Clients & Partnerships

  • Retail and Quick Commerce: Zepto, Blinkit, Swiggy Instamart, Amazon, Flipkart, BigBasket—major contributors to online and quick commerce sales.
  • Distribution Network: 200+ super stockists and 800+ distributors, ensuring national reach.
  • Strategic Investors: Hyderabad Angel Network, Venture Catalysts, Soonicorn Ventures, HEM Securities, and all six Shark Tank India judges.
  • International Partners: Distributors in UAE, Singapore, Oman, Kuwait, Nepal, Bhutan, and Dubai; preparing for US/UK launches.
  • Client Concentration: Balanced channel mix (offline/online ~80/20%) and diversified geographies mitigate concentration risk.

Future Outlook & Strategic Priorities

  • Product innovation: 6–7 new launches per year, including bakery and functional snacks.

  • Regulatory: Compliance with FSSAI and international food safety standards.

  • Macro: Raw material price volatility and supply chain disruptions.

Key People

Ravi Kabra

Anuja Kabra

Key Metrics

Total Equity Funding

$2.83 Million

No. of Funding Rounds

3

Latest Funding Round

$1.4 Million, Pre series A

as of June 24, 2025

Post Money Valuation

$7.89 Million

as of April 11, 2024

Funding Multiple

2.8

as of April 11, 2024

Investors

Venture Catalysts

and 1 more

Employee Count

56

Similar Companies

VS Mani & Co

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
June 24, 2025Pre series A$1.4 Million----
April 22, 2024Seed$1.2Million---Hyderabad Angels, Venture Catalysts, Soonicorn Ventures, Z Nation Lab
October 20, 2022Seed$116.0K$889.0K$208.0K3.6x Thapar Vision, Culture Cap

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