Skippi Ice Pops is India’s first ice pops brand based in Hyderabad. It was launched in March 2020. Ice pops are liquid-based frozen snacks, known as Popsicles in Canada and the United States.
Skippi, also known as Kabra Global, is an offshoot of Prabhat Udyog. Skippi Ice Pops is a successful brand in India, founded by Ravi’s father, Pravin Kabra, in 1980. Ice pops are popular not only in India but also in the United States and Australia.
When Skippi Ice Pops was launched in India, it sold ₹60 lakhs worth of products. Currently, Ice Pops are available in six flavors: Cola, Lemon, Raspberry, Orange, Mango Twist, and Bubble Gum, catering to various tastes.
Containing natural fruits and vegetables, the product is sold on multiple platforms under the Skippi brand. It is available in 2,000 retail outlets across the country, with Hyderabad being one of its largest markets. Skippi Ice Pops are also available in states like Mumbai, Kerala, and Mizoram.
| Company Name | Skippi Ice Pops |
| Founder | Ravi Kabra and Anuja Kabra |
| Business | Ice Pops |
| Asked For | ₹45 Lakhs for 5% Equity |
| Final Deal | ₹1 Crores for 15% Equity |
| Shark | 5 Shark (Namita Thapar, Aman Gupta, Vineeta Singh, Anupam Mittal, Ashneer Grover) |
| Episode (Shark Tank India) | Season 1 Episode 6 |
| Business Status | In Business |
| Valuation | ₹66 Crores |
Skippi Ice Pops Shark Tank India Update
Ravikabra, the founder of this company, was awarded the ET Excellence Award 2022. Before that, he had received the 2022 Small Business Award for Manufacturing.
Before Shark Tank India, the company’s monthly revenue was ₹4 – ₹5 lakhs, and its distribution was regional. After securing a ₹1 Crore deal on Shark Tank India, the monthly sales increased to ₹70 lakhs, and the company expanded into international distribution, including Uganda, Nepal, Kuwait, Hong Kong, and Dubai.
The founder plans to enter the European markets in the next 12-18 months and subsequently expand into the Middle East and African markets.
