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Kind Kones, a producer of all-natural, plant-based vegan ice cream and desserts, is based in Tampines, East Region, Singapore. The company specializes in products free from dairy, refined sugar, soy, gluten, eggs, and artificial additives, operating scoop shops and maintaining a retail presence across Singapore and Malaysia. To date, Kind Kones has secured $1,100,000 in total funding across two rounds, achieving an estimated valuation of $8,300,000. The organization generates an annual revenue of approximately $2,566,650 and employs between 21 and 50 individuals. Investor DSG Consumer Partners has participated in its funding rounds. Kind Kones was founded in 2017 by Ishpal Bajaj and Serina Bajaj. Its business model centers on sells vegan ice cream and desserts through scoop shops and retail in Singapore and Malaysia, funded by $1,100,000 across 2 funding rounds and 4 deals.
Kind Kones has raised $1.8M across 2 funding rounds.
Kind Kones has raised $1.8M in total across 2 funding rounds.
Kind Kones has raised $1.8M across 2 funding rounds. Most recently, it raised $1.0M Series A in January 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2022 | $1M Series A | — | Btomorrow Ventures, DSG Consumer Partners | Announced |
| Jan 1, 2021 | $750K Seed | — | Btomorrow Ventures, DSG Consumer Partners | Announced |
Kind Kones has raised $1.8M in total across 2 funding rounds.
Kind Kones's investors include Btomorrow Ventures, DSG Consumer Partners.
Kind Kones is a Singapore- and Malaysia-based vegan ice cream brand that produces plant-based frozen desserts, including ice creams, sorbets, cakes, and bakes, all free from dairy, eggs, preservatives, and artificial additives.[1][2][3][4][5] It serves health-conscious consumers seeking indulgent, gluten-free, refined sugar-free alternatives in the dessert market, operating seven retail locations, partnering with hospitality groups like Hilton and Grand Hyatt, and offering online sales with same-day delivery.[2][3][5] The company has raised $1.85M total, including a $1.1M Series A three years ago and recent funding from Epic Angels to fuel expansion, demonstrating strong growth momentum in the fast-expanding plant-based frozen dessert segment driven by lactose intolerance in Asia (affecting over 90% of the population).[1][2]
Kind Kones was founded in 2017 by siblings Serina and Ishpal Bajaj in a family kitchen in Singapore, where they experimented with small batches of nut and coconut milk-based ice cream to create dairy-free treats.[2][4] Motivated by a desire for "conscious indulgence"—treating oneself kindly without compromising health or the environment—the duo developed over 150 flavors like Almond Brittle Fudge and Pandan Gula Melaka, emphasizing homemade quality with natural ingredients.[2][4][5] Early traction came from proving plant-based desserts could rival traditional ones, leading to expansion across Singapore and Malaysia with retail stores, hospitality partnerships, and online channels.[2][4]
While not a traditional technology company, Kind Kones leverages wellness tech and food & beverage innovation trends by pioneering plant-based alternatives in a market fueled by health consciousness, sustainability, and lactose intolerance (90%+ in Asia).[1][2] It rides the explosive growth of the Asia Pacific frozen dessert segment, where plant-based options address dietary restrictions and post-pandemic demands for convenient, nutritious indulgence.[1][2] Timing is ideal amid rising veganism, alternative proteins, and functional foods; market forces like consumer shifts toward gut health (e.g., probiotics beyond dairy) and eco-friendly treats favor its expansion.[1][2] By building a community around "kindness to body, planet, and others," it influences the ecosystem, proving scalable franchises can democratize premium vegan desserts regionally.[2][4]
Kind Kones is poised for accelerated growth through its recent Epic Angels funding, targeting Dubai and beyond via franchises and stores, capitalizing on Asia's booming plant-based market.[2] Trends like wellness tech integration (e.g., functional ingredients for sleep/gut health) and sustainability will shape its path, potentially expanding to new flavors, e-commerce tech, or partnerships.[1][2] Its influence may evolve from regional darling to global vegan dessert leader, redefining indulgence—one compassionate scoop proving plant-based innovation can scale sweetly in a health-driven world.[2][4]
