STARTUP-STORIES
Sid’s Farm Raises $10 Million in Funding to Expand Presence in Bengaluru and Hyderabad
SUMMARY
Hyderabad-based direct-to-consumer dairy brand Sid’s Farm has secured $10 million in funding led by Omnivore and Narotam Sekhsaria’s family office. The funds will be used to strengthen its presence in Bengaluru and Hyderabad and expand its manufacturing capabilities.
Founded in 2016, Sid’s Farm serves over 25,000 customers with antibiotic-free, hormone-free, and preservative-free dairy products. The company aims to use the new investment to accelerate growth and reach over 100,000 families daily in Bengaluru and Hyderabad.
Hyderabad-based direct-to-consumer dairy brand Sid’s Farm has successfully raised $10 million (approximately Rs 83 crore) in a funding round led by Mumbai-based venture fund Omnivore and the family office of Narotam Sekhsaria, the founder of Ambuja Cements. The company aims to use this substantial investment to enhance its market presence in Bengaluru and Hyderabad, as well as to expand its manufacturing capabilities.
Sid’s Farm, which serves over 25,000 customers in Bengaluru and Hyderabad, is committed to providing premium dairy products that are antibiotic-free, hormone-free, and preservative-free. The company's offerings include whole milk, double-toned milk, ghee, butter, and paneer. This focus on quality has positioned Sid’s Farm as a rising star in the direct-to-consumer (D2C) dairy market in India.
“We see Sid’s Farm emerging as a key player in this space with its commitment to antibiotic-free, hormone-free, preservative-free milk and milk products,” said Reihem Roy, partner at Omnivore. Omnivore, an agritech-focused venture fund, has previously invested in innovative companies such as online farm marketplace Dehaat and satellite imaging firm Pixxel.
Founded in 2016 by Kishore Indukuri, Sid’s Farm has seen rapid growth. In January last year, the company raised $1 million from its customers and their referrals, showcasing strong consumer confidence and support. Indukuri believes that the new investment will be instrumental in accelerating the company’s growth trajectory and expanding its reach.
“This investment will be instrumental in accelerating our growth trajectory and enabling us to provide fresh, healthy, and responsibly sourced food to a wider audience in Hyderabad and Bengaluru. We strongly believe that there is an opportunity to serve over 100,000 families every day in these two markets alone,” said Indukuri.
The Indian dairy sector is witnessing significant growth, with premium dairy brands and products on D2C platforms leading the charge. Sid’s Farm's recent funding round and ambitious expansion plans underscore its potential to become a major player in this burgeoning market.