Walko Food Company has acquired Mumbai-based Meemee’s Ice Creams to enter India's artisanal dessert segment.
The acquisition aims to expand product offerings and presence, enabling diversification into new dessert categories.
Walko reported significant financial growth, recording operating revenue doubling to INR 2.40 Cr in FY24.
The acquisition follows Walko's $20 million fundraise from Jungle Ventures and signifies the company's positioning in the competitive Indian ice cream market.