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Sid’s Farm Secures $10 Million in Series A Funding to Bolster Growth

Preeti Bali / 10:57 am / June 26, 2024

Sid’s Farm, a direct-to-consumer (D2C) dairy brand based in Hyderabad, has announced the successful closure of a $10 million Series A funding round. The investment was co-led by Omnivore, a venture capital firm focused on agribusiness, and the Narotam Sekhsaria Family Office (NSFO).

Fueling Expansion and Strengthening Operations

This latest funding round marks a significant milestone for Sid’s Farm. The company plans to utilize the proceeds to solidify its presence in Hyderabad and Bengaluru, its current areas of operation. The focus will be on expanding manufacturing capabilities to meet the rising demand for its products and strategically hiring talent across various key departments.

From Farm to Family: A Commitment to Quality

Established in 2016, Sid’s Farm has carved a niche in the market by positioning itself as a mass-premium dairy brand. The company differentiates itself by maintaining tight control over the entire dairy value chain. This is achieved through direct sourcing of milk from farmers and implementing rigorous quality testing procedures at every stage of production, ensuring customers receive fresh and nutritious dairy products.

A Diversified Product Portfolio

Sid’s Farm began its journey by offering whole buffalo and cow milk to its customers. Recognizing the evolving consumer preferences, the company has strategically expanded its product portfolio to include curd, paneer (cottage cheese), ghee (clarified butter), butter, dairy beverages, and even delectable dairy-based desserts.

A Competitive Landscape

Sid’s Farm operates in a competitive market space, sharing the arena with established players like Country Delight and Akshayakalpa Organic. Notably, Country Delight secured $29 million in funding across two rounds in 2024, while Akshayakalpa Organic garnered $12 million as part of a larger Series C round led by A91 Partners in January this year. This funding surge underscores the growing consumer demand for premium and high-quality dairy products in India.

 

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