Milestone · Commerce & Consumer Brands
Khetika reports ₹247 Cr revenue, targets ₹350 Cr by end of this fiscal
By Startup Enthusiast ·
- Date
- Company
- Khetika
- What it does
- D2C packaged food startup
- Kind
- Milestone
- Based in
- Mumbai
- Founded
- 2017
What they do
Khetika sells spices and staples through direct-to-consumer channels
What happened
The company raised $25 million from investors like NSFO
Why it matters
It targets ₹350 crore revenue with a focus on profitability
The details
- Khetika is a Mumbai-based D2C packaged food startup focusing on staples and spices.
- The company has raised approximately $25 Mn in total funding.
- Investors include Narotam Sekhsaria Family Office, Incofin Investment Management, and Anicut Capital.
- Khetika reported a revenue of ₹247 Cr for the fiscal year 2025.
- The firm aims for an approximate ₹350 Cr revenue target in FY26.
- Management is aiming for profitability by the end of FY26.
- The business evolved from a B2B agri platform to a D2C brand since its founding in 2017.
- The founders have backgrounds in Reliance Retail, Tata-Tesco, and BCG.
The bigger picture
- India's packaged food industry is valued at $22.9 Bn and growing steadily.
- The clean label segment is projected to reach $5.70 Bn by 2030.
- Spices are a key growth area with a projected value of $57.55 Bn by 2034.
About the business
- Khetika offers over 70 SKUs including spices, dosa batter, chutneys, dry fruits, seeds, and makhana.
- The company uses a single-origin sourcing model with low-temp stone grinding.
- Products feature zero-preservative packaging and QR traceability from farm to fork.
- Manufacturing occurs across seven facilities in Mumbai, Delhi, Bengaluru, Hyderabad, Unjha, and Bihar.
- Distribution includes the SuperZop B2B app for kiranas alongside retail and online channels.
- The company promises a 48-hour delivery target for its customers.
- Khetika runs Saathi centres for soil testing and direct farmer linkages.
- These initiatives eliminate intermediaries and promote integrated pest management practices.
What happens next
- Khetika aims to achieve profitability by the end of FY26.
Investors
- Narotam Sekhsaria Family Office (investor)
- Incofin Investment Management (investor) — A Belgium-based investment firm.
- Anicut Capital (investor)
Founders
- Prithwi Singh, Co-founder
- Darshan Krishnamurthy, Co-founder
- Raghuveer Allada, Co-founder
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 raises $18M for brand and expansion18 September 2026 · Funding · $18M (≈₹153 crore)
- 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 raises undisclosed funding round31 March 2026 · Funding
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