Brands
PromaxBDA announces its 13 edition of annual conference
MUMBAI: PromaxBDA, the association that represents more than 10,000 companies and promotion & marketing professionals at every major media organization has announced the 13th edition of its annual conference PromaxBDA India 2016. Joining the most prestigious awards for creative endeavour in the media marketing space, Rob Middleton, Graeme Newell & Fiona King, the world renowned market visionaries will be holding workshops at the conference. Like every year, PromaxBDA is encouraging marketing professionals to send in their best work, which stands a chance of being recognized at the PromaxBDA Awards in the midst of the best in the business. PromaxBDA Boot Camp is slated to take place on 11 May at Indian School of Design & Innovation whereas Master Class is scheduled for 12 May at The Westin, Mumbai.
The event will witness a lineup of workshops such as Branding Workshop: Best Practices for Recruiting New Viewers by Graeme Newell, a consultant and thought leader on emotional marketing. The second on the list is Promo Workshop: What the hell am I doing? By Rob Middleton, who is a regular speaker at our PromaxBDA conferences. Due to popular demand, he is back again this year with his full day workshop. The third workshop is on Marketing workshop: Marketing and Technology – The Birth of a New Age in Media by Fiona King, a leading marketing executive.
Showcasing the latest creative techniques in promotion-creation, these workshops will also give an insight in the workings of the marketing industry. The learning from these workshops will include learning the critical steps for making one’s brand irresistible to new customers, specific strategies behind some of television’s most successful viewer expansions, to learning how to develop hypothetical new media brands, delving deeper into what makes a brand a success.
Commenting on this year’s conference, PromaxBDA country head India Rajika Mittra said, “After getting an overwhelming response to the new format last year, we have decided to stick to the same format. This year we have marked a 25% increase in our call for award entries than last year. With workshops in Boot Camp and Master Class sessions, participants can sharpen their skills and get inspired by some the world’s most respected international and local industry experts. This edition will witness marketing giants and thought leaders like Graeme Newell, Rob Middleton and Fiona King as workshop trainers”.
Brands
Hocco crosses Rs 530cr revenue in two years
Sauce.vc-led Rs 100cr raise values ice cream brand at Rs 2,500cr pre-money as quick commerce hits 20 per cent of sales.
MUMBAI: Hocco has just scooped a seriously sweet milestone crossing the Rs 530 crore revenue mark in just two full years of operations. The fast-growing Indian ice cream and indulgence brand announced it has raised Rs 100 crore in fresh capital led by Sauce.vc. The round values the company at Rs 2,500 crore pre-money and underscores investor confidence in its rapid scale and distinctive India-first approach.
Founder Ankit Chona said the brand’s success stems from solving real Indian challenges extreme summer heat, fragmented cold chains and culturally rooted tastes. “In India, product development doesn’t end in the lab. It only ends when it survives the street,” he noted. This philosophy has produced viral hits such as Aamchi mango ice cream, BIX cake-sponge sandwiches, the Oh cone and culturally relevant collaborations like Haldiram’s Barfi and festive Modak specials.
Hocco currently operates manufacturing facilities in Ahmedabad and Panipat with a production capacity of approximately 3 lakh litres per day, running near full capacity in peak season. The fresh capital will help expand this to around 4.5 lakh litres per day.
Quick commerce has emerged as a major growth engine, now contributing ~20 per cent of overall business and growing nearly 2x year-on-year. The channel has boosted product discovery, increased consumption frequency and helped extend ice cream beyond its traditional seasonal limits.
Sauce.vc founder Manu Chandra said, “At Sauce, we believe that when you chance upon an outlier business, you double down with stronger conviction. We see Hocco as just that.”
With a strong innovation pipeline, deeper distribution and continued focus on cultural relevance, Hocco is entering its third year aiming to capture even more mind space and market share. In a category long dominated by legacy players, this young brand is proving that the coolest way to win is to build for India’s realities, one scoop, one street and one satisfied craving at a time.
