Funding · Commerce & Consumer Brands
Sid's Farm raises over Rs 81 crore in pre-Series B
By Startup Enthusiast ·
- Date
- Company
- Sid's Farm
- What it does
- Direct-to-consumer dairy brand
- Kind
- Funding
- Amount
- over Rs 81 crore
- Stage
- pre-Series B
- Based in
- Hyderabad
- Founded
- 2016
What they do
Sid's Farm is a direct-to-consumer dairy brand selling milk, curd, paneer, butter and ghee
What happened
It raised over Rs 81 crore ($8.4 million) in a pre-Series B round led by Omnivore, NSFO, Dodla Dairy, Next Bharat Ventures and LIO
Why it matters
The company will use the funds to strengthen supply chain, expand manufacturing and enter new markets
The details
- Sid's Farm raised over Rs 81 crore ($8.4 million) in a pre-Series B funding round.
- The round was led by Omnivore, NSFO, Dodla Dairy, Next Bharat Ventures and LIO.
- A consortium of other investors also participated.
- Dodla Dairy's board approved about Rs 11.6 crore for a roughly 2% stake, a strategic non-controlling investment.
- The company will use the funds to strengthen its supply chain, increase manufacturing and distribution capacity, develop new products, expand into additional markets, and deepen relationships with dairy farmers.
- Founder Kishore Indukuri said consumers demand transparency, quality and safety, and the investment is a vote of confidence in the vision of building India's most trusted dairy brand.
The bigger picture
- The dairy market in India is large and fragmented, with growing demand for safe, transparent products.
- Sid's Farm competes with brands like Country Delight and Akshayakalpa Organic.
- The company had previously raised a $10 million Series A in June 2024, co-led by Omnivore and NSFO.
- It also raised a $1 million bridge round from customers and referrals in January 2023.
About the business
- Sid's Farm is a direct-to-consumer dairy brand that sells milk, curd, paneer, butter, ghee and other food products.
- It serves more than 60,000 families a day (one source says over 50,000).
- It operates in Hyderabad, Bengaluru, Pune and Vijayawada.
- The company works with more than 5,500 farmers (one source says over 5,000).
- Each batch is tested against more than 45 quality and safety parameters, with over 10,000 tests daily.
- It provides farmers with veterinary care, agricultural resources, training in dairy practices, fair procurement practices and education programmes.
- Batch-level milk reports are available to customers online for transparency.
What happens next
- Strengthen supply chain.
- Increase manufacturing and distribution capacity.
- Develop new products.
- Expand into additional markets.
- Deepen relationships with dairy farmers.
The deal
- Type
- funding
Investors
- Omnivore (lead) — An agri-food tech venture capital firm.
- NSFO (lead) — An investment firm focused on food and agriculture.
- Dodla Dairy (lead) — A dairy company that made a strategic non-controlling investment of about Rs 11.6 crore for a roughly 2% stake.
- Next Bharat Ventures (lead) — A venture capital firm.
- LIO (lead) — An investment firm.
Founders
- Kishore Indukuri, Founder
About Sid's Farm
- Product
- Quality milk and dairy products
- Customers
- Urban consumers
- How it makes money
- D2C dairy
- What sets it apart
- Full value chain control
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