Walko Food Company has acquired Meemee’s Ice Creams, marking Walko’s entry into India’s dynamic artisanal dessert market.
Meemee’s has products such as Toasties, Ice Cream Cakes, Roley’s and Tubsters. The brand is widely recognized for its playful tone, flavours and experimental formats.
“This acquisition is a strategic step towards dessert consumption. As consumer preferences shift toward authenticity and experiential indulgence, Meemee’s youthful energy and innovation-first approach align seamlessly with our vision. With Walko’s pan-India presence, digital-first distribution model and research and development strength, we’re confident to offer an unforgettable dessert experience for the consumers,” Raj Bhandari, Director, Walko Food Company, commented.
Walko is well-positioned to help Meemee’s tap into India’s Rs 44,000 crore ($5.33 billion) ice cream market, which is projected to grow at a CAGR of approximately 11% through 2028, as per the company. Walko’s flagship brands include NIC Ice Creams, Grameen Kulfi, and Mimo Ice Creams.
“Partnering with Walko has been an important step for Meemee’s. Walko’s vision and distribution expertise allows us to focus on crafting innovative flavours while reaching freezers and hearts across India, delighting dessert lovers,’ Meha Agarwal, Founder, Meemee’s, added.