Skippi, the Hyderabad-based brand that shot to fame on Shark Tank India, has secured ₹12 crore (around $1.4 million) in fresh funding as part of an extended pre-Series A round. The bulk of the capital—₹10 crore—has been invested by Dubai’s Surya family office, with the rest coming from a group of angel backers.
The cash injection comes at a crucial time for the startup, which plans to ramp up visibility, beef up its working capital, fast-track new product development, and bring seasoned professionals into key roles. A chunk of the funds is also being set aside for Skippi’s first foray outside India, with the Middle East pegged as its initial overseas target.
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Founded in 2021 by husband-wife duo Ravi and Anuja Kabra, Skippi started with preservative-free, natural-flavored ice pops. Today, the company has grown far beyond that niche. Its products are now available in over 20,000 retail stores across the country and on platforms like Amazon, Zepto, BigBasket, Swiggy Instamart, Cred, and its own website. The product range has expanded too, now featuring items like Crazy Corn, Cornsticks, and Cream Rolls.
This latest raise follows a bridge round earlier this year led by Hyderabad Angels Network and Venture Catalysts, with support from Soonicorn Ventures and HEM Securities. Skippi’s turning point came during Shark Tank India Season 1, when all six sharks pooled in ₹1 crore for a combined 15% equity stake, propelling the brand into the national spotlight.
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“Securing this round is more than just capital—it’s validation,” said Ravi Kabra, Skippi’s CEO and co-founder. “We’re committed to building a brand that not only delivers great taste but also stands tall in the FMCG space. The support from our investors gives us the fuel to dream bigger, move faster, and expand wider.”
