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Funding · Commerce & Consumer Brands

Slurrp Farm raises ₹30 crore in extended Series C

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Date
Company
Slurrp Farm
What it does
Millet-based snacks for children
Kind
Funding
Amount
₹30 crore
Stage
Series C
Founded
2016
Sector
Commerce & Consumer Brands

What they do

Slurrp Farm makes millet-based snacks and meals for young children

What happened

It raised ₹30 crore ($3.3M) from Scarlet Ventures at a ₹810 crore valuation

Why it matters

The company's FY25 revenue grew 30% to ₹95.6 crore, but losses also rose

The details

  • Slurrp Farm has raised ₹30 crore (approx $3.3M) in an extended Series C round.
  • The investment came from Scarlet Ventures, which now holds a 3.7% stake in the company.
  • The round values the company at ₹810 crore (approx $90M), a 59% increase from its previous valuation of ₹510 crore in January 2024.
  • The company allotted 1,04,457 Series C1 preference shares at ₹2,872 each to raise the funds.
  • Slurrp Farm has raised a total of approximately $18M across multiple rounds.
  • The funds will be used to augment long-term financial resources.

The bigger picture

  • The valuation jump of 59% reflects strong investor confidence in the brand's growth trajectory.
  • The company's FY25 revenue grew 30% to ₹95.6 crore, showing healthy demand for its products.
  • However, losses also increased 29% to ₹32.7 crore, indicating rising costs or reinvestment.
  • Bollywood actress Anushka Sharma is an investor and brand ambassador, adding celebrity pull.

About the business

  • Slurrp Farm makes millet-based snacks and meals for young children.
  • Its product portfolio includes porridges, cereals, puffed snacks, millet pancakes, millet dosa, and cake mixes.
  • The company operates under parent Wholsum Food Private Limited.
  • In FY25, it reported operating revenue of ₹95.6 crore, up from ₹72.5 crore in FY24.
  • Its losses in FY25 were ₹32.7 crore, compared to ₹25.4 crore the previous year.

What happens next

  • The company plans to use the funds to augment its long-term financial resources.

The deal

Type
extended Series C

Investors

  • Scarlet Ventures (lead) — A venture capital firm that invested ₹30 crore for a 3.7% stake in Slurrp Farm.
  • Anushka Sharma (existing) — Bollywood actress who came on board as an investor and brand ambassador after the Series B round.

About Slurrp Farm

Product
Healthy snacks and meals for children
Customers
Parents of young children
How it makes money
D2C brand selling packaged food products
What sets it apart
Focus on clean ingredients and millet-based recipes

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