Pune: Walko Food Company, one of India’s fastest-growing premium dessert brands, has announced the acquisition of Mumbai-based Meemee’s Ice Creams, marking a strategic expansion into the country’s vibrant artisanal dessert market.
This move enhances Walko’s innovative product range and accelerates its footprint in urban and direct-to-consumer (D2C) channels.
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Founded in 2012, Walko Food Company is known for beloved brands such as NIC Ice Creams, Grameen Kulfi, and Mimo Ice Creams.
The addition of Meemee’s, a startup celebrated for its imaginative creations like Toasties, Roley’s, Tubsters, and Ice Cream Cakes, bolsters Walko’s appeal among younger, experience-driven consumers.
“This acquisition represents our commitment to elevating dessert consumption through innovative and indulgent offerings,” said Raj Bhandari, Director, Walko Food Company.
“Meemee’s aligns with our vision of blending authenticity with innovation. Backed by Walko’s pan-India network and digital-first strategy, we aim to scale Meemee’s reach while preserving its creative identity.”
The ₹5,300 crore Indian ice cream industry is projected to grow at a CAGR of ~11% through 2028, and Walko is uniquely positioned to capture emerging opportunities.
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Its stronghold in over 100 Indian cities – coupled with robust online availability on platforms such as Swiggy, Zomato, Zepto, Blinkit, Amazon Fresh, and more – makes it an ideal launchpad for Meemee’s next growth phase.
“Teaming up with Walko allows us to focus on what we love – creating unforgettable flavours – while reaching dessert lovers across India,” said Meha Agarwal, Founder of Meemee’s.
Walko Food Company Carves a Niche
Backed by JM Financials and Jungle Ventures, Walko has carved a niche by combining traditional craftsmanship with modern dessert trends through its growing brand family: NIC, Grameen Kulfi, Café Chokolade, Mimo, Cream Pot, and now, Meemee’s.
With this acquisition, Walko Food Company continues to lead the transformation of India’s frozen dessert industry, building a compelling portfolio that bridges quality, creativity, and nationwide accessibility.
