Walko Food Company, a growing ice cream and dessert brand in India, has acquired Meemee’s Ice Creams. The acquisition marks Walko’s entry into the artisanal dessert segment in the country.
Meemee’s, based in Mumbai, is known for products such as Toasties, Ice Cream Cakes, Roley’s and Tubsters. The brand has gained popularity among younger urban consumers for its flavours and formats. Walko intends to use the acquisition to expand its presence in urban markets and develop its Direct-to-Consumer (D2C) channels.
Mr. Raj Bhandari, Director of Walko Food Company, said, “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.”
Walko operates in over 100 cities across India and aims to support Meemee’s growth in the ₹44,000 crore ($5.33 billion) domestic ice cream market, which is expected to grow at a CAGR of approximately 11% through 2028. Walko’s other brands include NIC Ice Creams, Grameen Kulfi and Mimo Ice Creams, which are available via retail and platforms such as Swiggy, Zomato, Zepto, Blinkit, Amazon Fresh, Amazon Now, Big Basket Now, Flipkart Minutes and Jio Mart.
Meha Agarwal, Meemee’s Founder, said, “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.”
