Walko Food Company Expands Artisanal Dessert Portfolio with Acquisition of Meemee’s Ice-Creams

Pune/Mumbai, June 25, 2025 – Walko Food Company, one of India’s fastest-growing premium ice
cream and dessert brands, has acquired Meemee’s Ice Creams.This strategic acquisition marks
Walko’s entry into India’s dynamic artisanal dessert market, further strengthening its portfolio of
innovative, handcrafted offerings.

Founded in Mumbai, Meemee’s has cultivated a loyal fanbase—particularly among younger urban
consumers—with its quirky, high-quality creations such as Toasties, Ice Cream Cakes, Roley’s and
Tubsters. The brand is widely recognized for its playful tone, bold flavours and experimental
formats. By integrating Meemee’s into its offerings, Walko aims to deepen its urban footprint and
accelerate its growth in emerging Direct-to-Consumer (D2C) channels in the initial phase.

Mr. Raj Bhandari, Director of Walko Food Company, commented, “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.”

Backed by robust infrastructure in over 100 cities, Walko is well-positioned to help Meemee’s tap
into India’s ₹44,000 crore ($5.33 billion) ice cream market, which is projected to grow at a CAGR of
~11% through 2028. Walko’s flagship brands—including NIC Ice Creams, Grameen Kulfi, and Mimo
Ice Creams—are widely available through modern retail stores and digital platforms such as Swiggy,
Zomato, Swiggy Instamart, Zepto, Blinkit, Amazon Fresh, Amazon Now, Big Basket Now, Flipkart
Minutes, Jio Mart powered by its unique single-brand distribution network.

Meha Agarwal, Meemee’s Founder, added, “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.’

Founded in 2012 by Jeetendra Bhandari, Sanjiv Shah and Raj Bhandari, Walko Food Company has
built a diverse and growing portfolio across premium ice creams, kulfis, frozen desserts, and thick
shakes under brands such as NIC, Grameen Kulfi, Café Chokolade, Mimo, and Cream Pot.