How a Small Regional Ice Cream Brand Built a ₹233 Crore Empire 📊 In a market dominated by multinational giants, Hangyo Ice Creams grew revenue by 50% to reach Rs 233 crore in FY23 while increasing profits nine-fold to Rs 5.8 crore. • Started in 1997, by Mr. Pradeep G Pai with just one 'Softee' in Mangalore, now among India's top 12 ice cream brands Before expanding nationwide, they perfected their products and built trust in Karnataka. • Pure milk-based formulation became their competitive edge In an industry where many cut costs with vegetable fats, they chose quality over shortcuts. • Leaders maintained unwavering focus on authentic flavors Their fruit-based ice creams like Chiku and Pink Guava earned consumer loyalty that attracted $25M investment in 2024. • From 1 shop to 30,000+ retail locations across 7 states They built distribution excellence with 410+ distributors while maintaining product consistency. What do you think about their story?
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