Sid's Farm Raises $10M to Expand Dairy Business in Hyderabad and Bengaluru

Dairy startup Sid's Farm has secured $10 million in funding to expand its operations in Hyderabad and Bengaluru. The funds, provided by Omnivore and Narotam Sekhsaria Family Office, will be used to enhance manufacturing capabilities and build a strong team. Sid's Farm focuses on providing high-quality, additive-free dairy products.


PTI | New Delhi | Updated: 25-06-2024 15:27 IST | Created: 25-06-2024 15:27 IST
Sid's Farm Raises $10M to Expand Dairy Business in Hyderabad and Bengaluru
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In a significant boost for the dairy industry, Hyderabad-based startup Sid's Farm announced on Tuesday that it has raised $10 million (approximately Rs 83 crore) from investors to expand its business operations.

Leading the round were Omnivore and Narotam Sekhsaria Family Office (NSFO). This fresh capital infusion aims to fortify Sid's Farm's presence in Hyderabad and Bengaluru by scaling up its manufacturing capabilities and meeting the escalating demand for high-quality, nutrient-dense dairy products.

The funds will also support the recruitment of top talent across various functions, reinforcing the company's commitment to quality and innovation. Founded in 2016 by IIT Kharagpur alumnus Kishore Indukuri, Sid's Farm serves over 25,000 customers, ensuring top-notch dairy products through direct farmer sourcing and rigorous quality testing. Indukuri expressed confidence that this investment would accelerate the company's growth trajectory, allowing them to cater to over 100,000 families in Hyderabad and Bengaluru.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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