Papacream hits 100 dark stores via Cure Foods, targets 500 by 2030 in premium ice cream play
Mumbai-based D2C premium ice cream brand Papacream has scaled to 100 dark stores in five months through its Cure Foods partnership, with plans to double to 200 by year-end. The 2015-founded brand is targeting Rs 25 Cr ARR near-term and Rs 50 Cr in three years, while pricing single-serves at Rs 120-175 to undercut Baskin-Robbins and NIC. Quick commerce entry and Singapore/UAE exports are next.
What happened
Mumbai-based D2C premium ice cream brand Papacream, founded 2015, has scaled to 100 dark stores via Cure Foods partnership, targets Rs 25 Cr ARR near-term, 500
Key facts
- Rs 120-175 single-serve
- Rs 395-695 tubs
- 100 dark stores in 5 months
- 200 dark stores by year end
- Rs 25 crore ARR near-term
- Rs 50 crore ARR in 3 years
- 500 dark stores by 2030
Why this matters
Papacream's dark-store scaling and impending Singapore/UAE expansion make it a credible bolt-on for cold-chain or QSR platforms seeking premium frozen dessert IP under Rs 200 Cr.
Also reported by
- YourStory — Same time