How Gaurav Khemani took Rollick ice cream from ₹20 crore to ₹200 crore

Gaurav Khemani, a former corporate professional, took over his father-in-law's Kolkata-based ice cream brand, Rollick, during the pandemic. The business faced a severe sales slump, but Khemani leveraged his business acumen and industry connections to steer the company through the crisis. His strategic approach helped the brand recover and grow significantly.
For investors, this story highlights the potential for turnaround opportunities in consumer brands. It demonstrates how effective leadership and strategic pivots can transform a struggling business into a high-growth entity. The company's ability to navigate a challenging market environment is a key factor to consider.
Investors should monitor Rollick's future expansion plans and its ability to sustain growth. The brand's success will depend on its capacity to maintain its market position and capitalize on new opportunities in the competitive ice cream sector.
Excerpt from Mint
When a landlord withheld Rollick Ice Cream’s stock, CEO Gaurav Khemani considered legal action to recover it. An entrepreneur in his ASCENT peer group suggested settling the dispute, recovering the goods, and moving on. Khemani followed the advice, paid to resolve it, and recovered the stock. The dispute came during a…Read the original at Mint
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