Walko Food Company acquires Meemee’s Ice Creams to enter artisanal dessert market

Walko Food Company, a leading premium ice cream and dessert brand, has acquired Meemee's Ice Creams, making a strategic move into India’s growing artisanal dessert market.

This strategic acquisition marks Walko’s entry into India’s vibrant artisanal dessert market, enhancing its portfolio with innovative, handcrafted treats.

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About Meemee's Ice Creams

Founded by Meha Agarwal, the Mumbai-based Meemee's Ice Creams is known for its bold and playful creations like toasties, ice cream cakes, roley’s and tubsters. With its quirky style and innovative formats, the brand has gained a strong following among urban youth.

“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 R&D strength, we’re confident to offer an unforgettable dessert experience for the consumers, " said, Raj Bhandari, Director of Walko Food Company.

“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,' said, Meha Agarwal, founder of Meemee’s Ice Creams.

About Walko Food Company

Pune-based Walko Food Company was founded in 2012 by Jeetendra Bhandari, Sanjiv Shah, and Raj Bhandari, and owns popular brands such as NIC Ice Creams, Grameen Kulfi, Mimo, Café Chokolade, and Cream Pot.  

The acquisition is set to boost Walko’s Direct-to-Consumer (D2C) growth and strengthen its foothold in India’s Rs 44,000 crore (USD 5.33 billion) ice cream market, which is projected to grow at an 11% CAGR through 2028.

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