Go Zero is an ice cream startup that secured $1.5 million in its follow-on pre-series A round. This  funding round had participation from various angel investors and was led by V3 Ventures, Saama, and  DSG consumer partners. This ice cream startup offers variety of products including low-calorie, vegan  ice creams, and high-protein ice creams. The brand uses plant-based sweeteners to add sweetness  which is low in calories.  

The startup currently operates in 16 cities with more than 125 physical stores across the country. The  company offers its services through both e-commerce and quick-commerce platforms. Go Zero  reported four times growth for this financial year and a seven times increase in its quick commerce  within 5 months. The startup previously raised 1 million USD in its pre-series A funding round led by  Saama, V3 Ventures, and DSG Consumer Ventures. 

The founder of Go Zero, Kiran Shah mentioned that they are planning to grow while expanding in tier  1 cities including Chandigarh, Jaipur, and Ahmedabad. The brand also aims to launch new flavors and  formats for its customers using this fund. The co-founder of V3 Ventures, Arjun Vaidya mentioned that  they have seen a ten-time growth in Go Zero and they are excited to work with the brand to make it  widely known. The investment shows the trust of investors in the market potential of this startup. 

The company plans to use this fresh capital to expand its network to, meet public demands, general  corporate purposes, improve its platform, and advance its technology. The firm competes with other  ice cream startups including NIC and Hocco. Go Zero aims to become a key player and solidify its  position in the Indian ice cream market. This sector is valued at more than $3 billion and is predicted  to grow at a CAGR of 13.49 percent by 2030. 

Conclusion: 

Ice cream startup, Go Zero secured $1.5 million in its follow-on pre-series A funding round. This round  had participation from various angel investors and was led by V3 Ventures, Saama, and DSG consumer  partners. The company previously raised $1 million in its pre-series A funding round led by Saama, V3  Ventures, and DSG Consumer Ventures. The firm is planning to grow while expanding its network in  tier 1 cities including Chandigarh, Jaipur, and Ahmedabad. The brand is also aiming to launch new  flavors and formats for its customers using this fund.

The company offers its services through both e commerce and quick-commerce platforms. Go Zero reported four times growth for this financial year  and a seven times increase in its quick commerce within 5 months. The firm competes with other ice  cream startups including NIC and Hocco. NIC recently secured $11 million in its funding round from  Jungle Ventures while Hocco secured $12 million from its existing and new investors including the  Chona family. The company showed four times growth for this financial year and a seven times increase  in its quick commerce within 5 months.