VC-backed ice cream firm NIC buys majority stake in dessert brand
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VC-backed ice cream firm NIC buys majority stake in dessert brand

By Prithvi Durai

  • 25 Jun 2025
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VC-backed ice cream firm NIC buys majority stake in dessert brand
Credit: Pixabay

Walko Food Company, which owns popular ice cream brands such as NIC Ice Creams, Grameen Kulfi, and Mimo Ice Creams, has acquired a majority stake in a Mumbai-based artisanal dessert brand. The acquisition is aimed at deepening Walko’s urban footprint and accelerating its growth in emerging direct-to-consumer (D2C) channels, the company ......

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