This dairy startup raises Rs 83 crore to fuel expansion plans
The company plans to fortify its operational capacities and assemble a robust team across various domains to support its growth ambitions. Currently serving more than 25,000 customers across Hyderabad and Bengaluru, Sids Farm anticipates extending its reach to over 100,000 families daily in these regions.
Hyderabad-based dairy startup, Sid's Farm, has successfully raised approximately Rs 83 crores (USD 10 million) in a recent funding round led by Omnivore and Narottam Sekhsaria Family Office (NSFO). Established in 2016 by IIT Kharagpur alumnus Kishore Indukuri, Sid's Farm aims to bolster its presence in Hyderabad and Bengaluru with enhanced manufacturing capabilities.
The funding infusion will enable Sid's Farm to meet the escalating demand for premium dairy products in these key markets. The company plans to fortify its operational capacities and assemble a robust team across various domains to support its growth ambitions. Currently serving more than 25,000 customers across Hyderabad and Bengaluru, Sid's Farm anticipates extending its reach to over 100,000 families daily in these regions.
"This investment marks a pivotal moment for us, accelerating our expansion plans and reinforcing our commitment to delivering high-quality dairy products," remarked Indukuri.
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