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Launch · Commerce & Consumer Brands

Iceberg Organic Ice Creams targets ₹100-crore revenue in FY27 with national expansion

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Date
Company
Iceberg Organic Ice Creams
What it does
organic ice cream brand
Kind
Launch
Stage
growth
Based in
Hyderabad
Founded
2013
Sector
Commerce & Consumer Brands

What they do

Iceberg Organic Ice Creams is India's first organic ice cream brand, selling products made with real, natural ingredients

What happened

The company aims to reach ₹100 crore in revenue in FY27, up from ₹26 crore in FY26, and plans to grow to ₹250 crore in FY28

Why it matters

It is expanding through new physical outlets and entering quick commerce, avoiding high commission rates from platforms

The details

  • Iceberg Organic Ice Creams is targeting ₹100 crore in revenue for the current financial year (FY27), up from ₹26 crore in FY26.
  • The company plans to increase revenue to ₹250 crore in FY28 as it expands its physical outlet network and enters quick commerce.
  • Dr. Suhas B. Shetty, the founder, said the company currently operates 10 company-owned outlets in Nellore, Hyderabad, Bengaluru, and Vijayawada.
  • The lowest-performing outlet generates about ₹40 lakh a month, while the top-performing outlet generates ₹1.2-1.3 crore a month.
  • The company has more than 25 franchise outlets, but franchise sales contribute only about 5% of the company’s revenue.
  • Iceberg Organic Ice Creams plans to enter the quick commerce segment within the next six months to scale nationwide availability.
  • The company has signed a deal with a Bollywood celebrity for a brand endorsement to attract first-time customers.
  • It plans to open more than 10 outlets in multiple Tier-I cities over the next year and will rely on quick commerce for wider geographic reach.
  • The company is also considering entering niche-format FMCG retail outlets such as premium supermarkets.
  • Iceberg is planning a 10-acre manufacturing facility in Nellore with a capacity of one lakh litres a day, expected to be ready by 2027-28.

The bigger picture

  • Entering quick commerce is a strategic move to avoid the long time required to establish a nationwide physical presence.
  • The founder has ruled out raising external capital or an IPO in the near future, focusing on internal growth.

About the business

  • Iceberg Organic Ice Creams sells organic ice creams made with real ingredients such as organic butter, palm sugar, and fresh fruits.
  • The company's products are currently deliverable in Hyderabad, Bangalore, Vijayawada, and Nellore, with plans to expand to more cities across India.
  • The brand emphasizes natural and organic ingredients, including A2 milk, organic cocoa, and date sugar.
  • Iceberg also sells organic essentials such as nut butters, fudges, and toppings, sourced directly from local farmers.

What happens next

  • Iceberg Organic Ice Creams plans to open more than 10 outlets in multiple Tier-I cities over the next year.
  • The company will enter quick commerce within the next six months to scale nationwide availability.
  • It is planning a 10-acre manufacturing facility in Nellore with a capacity of one lakh litres a day, expected to be ready by 2027-28.

The deal

Type
other

Founders

  • Dr. Suhas B. Shetty, founder

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