Havmor Ice Cream
Havmor Ice Cream is an Indian ice cream manufacturer founded in 1944, producing 150+ products across cones, tubs, candies, and cakes via a Pune facility (4M litres monthly), distributed through 72,000+ retail outlets, 250+ Havfunn parlours, and quick commerce platforms, serving consumers, hospitality chains, and event customers.
- Company typePrivate
- Founded1944
- HeadquartersAhmedabad, India
- Headcount501–1,000
- GTM typeB2C
- OfferingHardware or Manufacturing
What Havmor Ice Cream does
Havmor Ice Cream is an Indian manufacturer and retailer of ice cream and frozen desserts, founded in 1944 in Ahmedabad. The company operates a portfolio of 150+ products spanning cones, cups, candies, novelties, tubs, paper packs, and ice cream cakes, including Indian traditional flavors (Kulfi, Falooda), premium Belgian chocolate variants, fruit-based offerings, and ice cream cakes. Production is anchored by a 60,000 sq. m. manufacturing facility in Pune, built with an INR 500 crore investment, delivering 4 million litres of monthly capacity and 36 million units served daily.
The company monetizes through three primary streams: (1) ice cream product sales across formats via retail, parlours, and quick commerce; (2) franchise revenue from Havfunn parlour partners across five investment tiers from INR 5,000 to INR 40 lakh+; and (3) party orders and catering for weddings, birthdays, anniversaries, and corporate events. Distribution spans 72,000+ retail outlets across 21 states and 4 union territories, 250+ flagship Havfunn stores, institutional supply to premium hospitality chains, and digital availability on Blinkit, Swiggy Instamart, and Zomato. Marketing leverages celebrity endorsements (Tamannaah Bhatia) and experiential campaigns such as the #BeMyHeartbeat Valentine's Day activation.
Since 2017, Havmor has been a wholly-owned subsidiary of Lotte India Corporation Private Limited, itself a subsidiary of LOTTE Wellfood Co. Ltd., South Korea, following the INR 1,020 Crore acquisition from the Chona family. A proposed merger between Havmor Ice Cream and Lotte India Corporation Limited was announced in 2024 under NCLT oversight to consolidate the Indian business. Recent product innovation includes the Belgian Silky Chocolate Cone with proprietary molten chocolate centre fill technology. The company operates as a private entity with no disclosed standalone revenue or public financials.
Havmor Ice Cream firmographics
Firmographics- Name
- Havmor Ice Cream
- Legal name
- Lotte India Corporation Private Limited
- Website
- https://havmor.com
- Company type
- Private
- Founded year
- 1944
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Havmor Ice Cream is an Indian ice cream manufacturer founded in 1944, producing 150+ products across cones, tubs, candies, and cakes via a Pune facility (4M litres monthly), distributed through 72,000+ retail outlets, 250+ Havfunn parlours, and quick commerce platforms, serving consumers, hospitality chains, and event customers.
- Ownership category
- akta.pro rank
Havmor Ice Cream industry classification
Industry- Product category
- Ice Cream and Frozen Desserts
- NAICS
- Ice Cream and Frozen Dessert Manufacturing (31152)
- SIC
- Ice Cream & Frozen Desserts (2024), Dairy Products (2020)
- akta.pro primary industry
- Ice Cream, Frozen Desserts & Novelties Manufacturing (AFAKAKAE)
- akta.pro secondary industries
- Ice Cream & Refrigerated Desserts (CRADACAE), Frozen & Refrigerated Snack Foods (Ice Cream Novelties, Snack Bites) (CRADABAL)
Keywords
Where Havmor Ice Cream is headquartered
LocationHeadquarters
- HQ city
- Ahmedabad
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Havmor Ice Cream business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Ice Cream Product Sales: Sale of ice cream products through multiple formats including cones, tubs, candies, novelties, ice cream cakes, and paper packs. Distribution through own parlours, retail outlets, and quick commerce platforms.
- Franchise Revenue: Franchise fees from Havfunn parlour partners and franchisees. Investment options ranging from ₹5,000 to ₹40,00,000+ across different categories.
- Party Orders and Catering: Bulk party orders for events including weddings, birthdays, anniversaries, and celebrations. Custom ice cream servings for occasions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | One time | Franchise investment tiers from micro to premium |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels4 records
Havmor Ice Cream product offering
Product offeringCore offering
Havmor manufactures and sells ice cream and frozen desserts across 150+ SKUs in formats including cones, cups, candies, novelties, tubs, paper packs, and ice cream cakes. Products span traditional Indian flavours such as Kulfi and Rajwadi Kulfi Falooda alongside international premium variants like Belgian Silky Chocolate Cone and Swiss Choco Brownie. Distribution operates through 72,000+ retail outlets, 250+ Havfunn parlours, quick commerce platforms, and direct institutional hospitality supply.
Product overview
Havmor Ice Cream operates as a diversified ice cream and frozen dessert company with a portfolio of 150+ products spanning multiple formats: cones, cups, candies, novelties, tub ice creams, paper packs, and ice cream cakes. Key product lines include Belgian chocolate variants (Belgian Dark Chocolate, Belgian Sensation, Belgian Silky Chocolate Cone), Indian traditional flavors (Kulfi variants, Chowpaty Kulfi, Taj Mahal), chocolate-focused offerings (Chocolate Cake, Black Forest, Choco Berry Krunch), and fruit-based products (Alphonso Mango, Strawberry, Fruit Overload). The company offers premium ice cream cakes (Red Velvet Heartbeat Cake, Italian Cassata, Blueberry Cheesecake) and operates through Havfunn Parlour franchise stores providing customized sundaes and desserts. Distribution includes 72,000+ retail outlets, 250+ flagship stores, and availability on quick commerce platforms Zomato, Swiggy, Blinkit, and Swiggy Instamart.
Differentiator
Problem solved
Functional benefit
Brands
- Havfunn: Havmor's ice cream parlor and franchise concept offering experiential retail.
- Havmor Restaurant
Companies that use Havmor Ice Cream
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles1 record
Havmor Ice Cream technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature1 record
Havmor Ice Cream partnerships and signals
Strategic signalScale indicators8 records
Recent moves7 records
Expansion highlights5 records
Havmor Ice Cream competitors and assessment
Company assessmentDirect peers
- Amul (GCMMF): India's dominant dairy cooperative with a massive national ice cream portfolio and unparalleled distribution scale; competes directly with Havmor across retail and impulse-purchase occasions.
- Cream Bell: Indian ice cream brand focused on cups, cones and value novelties with strong North and West India distribution; competes with Havmor in the impulse and family-pack segments.
- Vadilal Industries: Listed Indian ice cream manufacturer with deep Western India roots similar to Havmor, with comparable family-history heritage and a parallel product mix spanning traditional Indian and Western flavors.
- Kwality Wall's (Hindustan Unilever): Multinational-backed Indian ice cream brand with broad impulse distribution and a Cornerstore-style retail presence, competing head-on with Havmor across tubs, cones and novelties.
- Dairy Day: Fast-growing Bengaluru-based Indian ice cream brand expanding nationally through retail and parlour formats; competes with Havmor in metros and tier-1 cities on premiumization and quick-commerce.
- Baskin-Robbins (India - Graviss Foods): Premium global ice cream brand operated in India via master-franchise; competes directly for premium parlor occasions, ice cream cakes, and adult/family indulgence occasions.
- Mother Dairy: Major Indian ice cream and dairy brand with strong Delhi-NCR and North India share; operates a comparable mass-premium portfolio and competes in retail and quick-commerce channels.
- Natural Ice Cream: Premium Indian ice cream chain built on fruit-based flavors and parlour-led retail; competes with Havmor's Havfunn parlour network and premium fruit/indulgent SKU range in metros.
- Havmor Restaurant (Havmor hospitality concept): Havmor's own full-service restaurant sub-brand under Lotte India; relevant as an internal adjacent channel competing in dine-out dessert occasions where peer ice cream chains also compete.
Broad incumbents
- Nestle India: Diversified F&B giant with an ice cream portfolio and unmatched distribution; competes with Havmor across retail and foodservice while leveraging a much broader CPG platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Havmor Ice Cream social profiles
Digital presenceHavmor Ice Cream financial estimates
Financial estimateRevenue estimate
Valuation estimate
Havmor Ice Cream leadership team
Management profileNumber of profiles
Profiles13 records
Havmor Ice Cream funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Havmor Ice Cream M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Havmor Ice Cream
What does Havmor Ice Cream do?
Havmor manufactures and sells ice cream and frozen desserts across 150+ SKUs in formats including cones, cups, candies, novelties, tubs, paper packs, and ice cream cakes. Products span traditional Indian flavours such as Kulfi and Rajwadi Kulfi Falooda alongside international premium variants like Belgian Silky Chocolate Cone and Swiss Choco Brownie. Distribution operates through 72,000+ retail outlets, 250+ Havfunn parlours, quick commerce platforms, and direct institutional hospitality supply.
Is Havmor Ice Cream a public or private company?
Havmor Ice Cream is a private company. It is classified as corporate owned and is currently operating.
When was Havmor Ice Cream founded?
Havmor Ice Cream was founded in 1944. It employs 501 to 1,000 people.
Where is Havmor Ice Cream based?
Havmor Ice Cream is headquartered in Ahmedabad, India, in the Asia region.
How does Havmor Ice Cream make money?
Three revenue lines are on record. Ice Cream Product Sales are the primary driver. The others are franchise Revenue and party Orders and Catering.
Who are Havmor Ice Cream's main competitors?
Direct peers on record are Amul (GCMMF), Cream Bell, Vadilal Industries, Kwality Wall's (Hindustan Unilever), Dairy Day, Baskin-Robbins (India - Graviss Foods), Mother Dairy, Natural Ice Cream and Havmor Restaurant (Havmor hospitality concept). Nestle India is listed as a broad incumbent.
Does Havmor Ice Cream have an API?
No public API is recorded for Havmor Ice Cream.
What industry is Havmor Ice Cream in?
Havmor Ice Cream's product category is Ice Cream and Frozen Desserts. Its primary akta.pro industry code is AFAKAKAE, Ice Cream, Frozen Desserts & Novelties Manufacturing, with a secondary code of CRADACAE, Ice Cream & Refrigerated Desserts. Its NAICS code is 31152 and its SIC code is 2024.