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Sid’s Farm raises Rs 81-cr in Pre-Series B Funding round
['The Hans India', 'About The Author', 'New Delhi']
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Sid’s Farm, a D2C brand in the dairy and foods segment, announced that it raisedthe capital of over Rs81 crorein its Pre-Series B funding round.
The latest round saw participation from major investors including, Omnivore, NSFO, Dodla Dairy, Next Bharat Ventures, and LIO along with a consortium of other investors.
Dr.Kishore Indukuri, Founder, Sid's Farm, said:"Modern Indian consumers are extremely quality conscious and demand transparency, quality and safety in the food they and their families consume.
The companywill deploy the fresh capital for strengthening its supply chain along with expansion of its manufacturing and distribution capabilities.
Sid’s Farm will also be investing in product innovation, bolstering and reinforcing its partnership with the farmers along with accelerating its expansion into virgin territories.