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Sid’s Farm Raises $10M in Series A Round Led by Omnivore and NSFO

Sid’s Farm Raises $10M in Series A Round Led by Omnivore and NSFO
Sid’s Farm Raises $10M in Series A Round

SUMMARY

Sid’s Farm is a D2C dairy startup based in Telangana that secured $10 million in a series A funding  round. The round had participation from various investors and was led by Omnivore and Narotam  Sekhsaria Family Office. The startup intends to use this fund to enhance its manufacturing abilities,  offer higher-quality dairy products, and solidify its brand presence.  

The startup plans to use some part of this investment to build a robust and capable team across various  functions while expanding its network. The founder of Sid Farm, Kishore Indukuri told inc42 that the  investment will help them grow further in the cities of Hyderabad and Bengaluru. Sid’s Farm believes that it can serve over 100,000 families a day just from these two markets. This dairy firm serves more  than 20,000 customers each day on a subscription basis. The platform offers various dairy products  including cow milk, buffalo milk, butter, ghee, buttermilk, curd, and lassi.  

This Telangana-based startup previously raised $1 million in its bridge funding round from its existing  investors including Cogniphy, Hapgrow, and Abhinav Gorukanti, among others. The brand controls the  supply chain of milk and dairy products by getting them directly from farmers and conducting quality  testing throughout the supply chain. This ensures the delivery of hormone-free, preservative-free milk,  additive-free, safe, and nutrient-dense milk products. The company is also focusing on strengthening  its online presence and expanding across the country. 

Sid’s Farm operates on a direct farmer to client base that ensures fresh dairy products directly from  farmers to its clients. This also ensures a high-quality and sustainable ecosystem. The company  competes with other dairy brands that follow D2C delivery models including Milky Mist, MilkLane,  Country Delight, and Akshayakalpa. The IMARC group mentioned that the dairy industry in India is  increasing each year and is predicted to cross the Rs 49,953 billion mark by 2032. D2C platforms and  premium dairy companies will lead the growth of the dairy sector. 

Conclusion: 

Sid’s Farm is a D2C diary startup that secured $10 million in its series A funding round led by Omnivore  and Narotam Sekhsaria Family Office. The startup plans to use these fresh proceeds to scale its  business development, enhance its manufacturing abilities, increase quality of dairy products, and  advance its technology. The company reported that it serves over 20,000 customers daily on a  subscription basis. The startup offers various dairy products including cow milk, buffalo milk, butter,  probiotic curd, paneer, doodh peda, curd, and lassi.

The firm previously raised 1 million USD in its  bridge funding round from its existing investors including Cogniphy, Hapgrow, and Abhinav Gorukanti.  The company competes with other dairy brands that follow D2C delivery models including Milky Mist,  MilkLane, Country Delight, and Akshayakalpa. The startup intends to use this fund to enhance its  manufacturing abilities, offer higher-quality dairy products, and solidify its brand presence. Sid’s Farm claims to provide its products directly from dairy farms. The company currently operates in  2 cities including Bengaluru and Hyderabad.

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