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Guilt-free Ice cream brand 'Go Zero' scoops $1.5 million in Pre-series A

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Guilt-free Ice cream brand Go Zero that offers vegan joys to the people has lifted $1.5 million in its Pre – Series A funding round, the brand stated in a press release.

Also, the funding round registered a participation from DSG Consumer Partners, V3 Ventures and Saama Capital amid others. Another prominent investor Arjun Purkayastha also participated in the funding round.

Responding to this fund acquirement, Kiran Shah, Founder, Go Zero states, "With this round of funding, we will look to continue our exponential growth on quick and e-commerce along with expanding to Tier 1 cities such as Jaipur, Chandigarh, and Ahmedabad. We will also continue to launch exciting flavors and formats for our consumers throughout the year”.

Established by Kiran Shah, the pioneering ice-cream brand Go Zero has an expanded product portfolio including reduced calories, increased protein content and delicious vegan ice-creams. The ice cream brand has robustly caught the immense response from the health-focused users looking healthy alternatives for conventional high fat or high sugar ice creams. Currently the chain of Go Zero is spanning across 16 cities and more than 125 dark stores.

Expressing to this, Ash Lilani, Founder & Managing partner at Saama Capital says, "The Company’s immense revenue growth and profitability since our pre-seed investment last year is proof of Kiran’s product experience and the potential of India’s desserts market”.

Sharing his views on the company’s commitment, Hariharan Premkumar, MD, India at DSG Consumer Partners, “Healthy snacking is a core investment theme at DSGCP. We were excited to build a category-defining brand in guilt-free desserts with Kiran when we invested a year back. The phenomenal traction since launch has validated the customer need and size of the market opportunity. The company has achieved product-market fit and is set to scale rapidly”.