Brands
QuiD Cash ropes in ex-Paytm COO Bhavesh Gupta as senior advisor
MUMBAI: QuiD Cash has added serious fintech muscle to its leadership bench. The fast-growing B2B supply-chain fintech has appointed Bhavesh Gupta, former president and chief operating officer of Paytm, as senior advisor and chief mentor.
The move comes as QuiD Cash sharpens its focus on simplifying payments and unlocking faster working capital for India’s vast MSME ecosystem. Gupta’s entry marks a strategic step in the company’s ambition to build scalable, technology-first credit solutions across supply chains.
With over 25 years of experience, Bhavesh Gupta is no stranger to building businesses at speed and scale. From shaping fintech ventures from zero to one, to growing them into billion-dollar enterprises and taking them to IPO, his career spans some of India’s most influential financial institutions. His leadership journey includes roles as president and COO at Paytm, CEO and founding member of Clix Capital, and senior positions at IDFC Bank and ICICI Bank, where he led SME and business banking verticals.
At Paytm, Gupta played a key role in expanding one of India’s largest digital ecosystems, overseeing operations across payments, lending, commerce and financial services. Known for his sharp execution and deep understanding of MSME behaviour, he has consistently navigated growth alongside regulatory and credit complexity.
Commenting on his association with QuiD Cash, Gupta highlighted the untapped potential of supply-chain finance in India. MSMEs contribute nearly 30 percent to the country’s GDP, yet many continue to struggle with working-capital gaps. Technology-led supply-chain finance, he noted, can improve cash flows, unlock liquidity and strengthen domestic supply chains. Platforms that combine smart credit intelligence with seamless execution, he added, will shape the future of MSME financing.
Founded to make working capital faster and simpler, QuiD Cash offers end-to-end supply-chain finance solutions for distributors, vendors and retailers. Its platform enables quicker invoice financing, flexible credit limits and data-driven risk assessment by working closely with anchors, lenders and ecosystem partners.
Welcoming Gupta on board, QuiD Cash co-founders Subhash Gupta and Vikram AG said his experience in building category-defining platforms would be a strong catalyst for the company’s next phase of growth. “His strategic perspective and operational depth will help us make payments and working capital access truly frictionless for MSMEs,” they said.
With a seasoned mentor now in its corner, QuiD Cash is betting big on smarter credit, smoother flows and a stronger backbone for India’s supply chains.
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.
