Funding · Commerce & Consumer Brands
Khetika raises $18M for brand and expansion
By Startup Enthusiast ·
- Date
- Company
- Khetika
- What it does
- Preservative-free food products
- Kind
- Funding
- Amount
- $18M (≈₹153 crore)
- Founded
- 2017
What they do
Khetika sells preservative-free staples like batters, spices, and millet-based products
What happened
It raised $18M (₹153 crore) led by Narotam Sekhsaria Family Office and Anicut Capital
Why it matters
The round includes 30% secondary sale; revenue grew from ₹160 crore to ₹247 crore in FY25
The details
- Khetika raised $18M (approximately ₹153 crore) in a funding round.
- The round was led by Narotam Sekhsaria Family Office and Anicut Capital.
- Existing investors Incofin India Progress Fund, Rajasthan Gum Pvt. Ltd., and Shree Ram India Gums Ltd. also participated.
- The round consists of 70% primary capital (new money to the company) and 30% secondary sale (existing shareholders sell their shares; no new money reaches the company).
- The company will use the funds for brand building, geographical expansion, and new clean-label products.
- It also plans to set up new manufacturing facilities and expand internationally into Europe, the Middle East, and the US.
- Khetika aims to reach a turnover of ₹2,000 crore in three years.
The bigger picture
- Consumer awareness of healthy food and higher disposable incomes are driving growth.
- Quick commerce now contributes ~25% of Khetika's sales and is its fastest-growing channel.
- The company's revenue jumped from ₹160 crore in FY2023-24 to ₹247 crore in FY2024-25.
About the business
- Khetika sells preservative-free staples including batters, spices, chutneys, millet-based products, makhana, dry fruits, and rice.
- It uses traditional stone-ground methods for processing.
- It sources directly from farmers across 14 Indian states such as Rajasthan, Gujarat, Punjab, Haryana, Andhra Pradesh, and Bihar.
- The company operates 4 manufacturing facilities in India.
- Its products are available on all major ecommerce and quick commerce platforms, and through its own distribution network SuperZop for kirana stores.
- Khetika's website tagline is 'Goodness of Farm to Home' and it claims to offer 'India's 1st TOXIN FREE range of powdered and whole spices'.
What happens next
- Use funds for brand building, geographical expansion, and new clean-label products.
- Set up new manufacturing facilities.
- Expand internationally into Europe, the Middle East, and the US.
- Target turnover of ₹2,000 crore in three years.
The deal
- Type
- funding
Investors
- Narotam Sekhsaria Family Office (lead)
- Anicut Capital (lead)
- Incofin India Progress Fund (participated)
- Rajasthan Gum Pvt. Ltd. (participated)
- Shree Ram India Gums Ltd. (participated)
Founders
- Prithwi Singh, cofounder & CEO
- Darshan Krishnamurthy, cofounder
- Raghuveer Allada, cofounder
About Khetika
- Product
- Preservative-free staples, spices, chutneys, millet foods, and ready-to-eat products
- Customers
- Consumers buying packaged healthy foods and convenience meals
- How it makes money
- Sells packaged food products through a direct-to-consumer and retail model
- What sets it apart
- Direct sourcing from farmers and a clean-label, farm-to-fork supply chain
- Operations
- Sources from farmers across multiple Indian states and operates manufacturing facilities
More on Khetika
- Khetika invests ₹10 crore in Gujarat processing facility11 September 2026 · Launch · ₹10 crore
- Khetika is building India’s clean food revolution by empowering farmers and consumers.18 June 2026 · News
- Khetika reports ₹247 Cr revenue, targets ₹350 Cr by end of this fiscal31 March 2026 · Milestone
- Khetika raises undisclosed funding round31 March 2026 · Funding
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