Doodhvale Farms, a Delhi-based dairy startup, has secured $3 million in a Series A funding round co-led by Atomic Capital and Singularity Early Opportunities Fund. The round also saw contributions from Bharat Founders Fund, Indigram Labs Foundation, and several angel investors, including Ramakant Sharma, Ankit Tandon, Livspace CEO Saurabh Jain, and Arjun Vaidya.
According to a press release, the company, which had previously raised $1.12 million in 2020, plans to use the new funding to accelerate its expansion efforts, enhance its distribution network, diversify its product offerings, and upgrade its technology infrastructure.
Founded in 2019 by Aman J. Jain, Ishu Jain, Sanjay Jain, and Sudhir Jain, Doodhvale Farms is a fully vertically integrated, technology-driven Direct-to-Consumer (D2C) dairy and daily essentials company. Its focus is on delivering farm-fresh, premium dairy products directly to customers’ doorsteps within 36 hours. The company aims to provide a nutrient-rich milk experience, ensuring that customers get the freshest products possible.
Doodhvale Farms has shown impressive growth, boasting a 100% year-over-year increase and consistent profitability on an EBITDA basis for three consecutive years. The company’s model seeks to compete with established dairy giants like Mother Dairy and Amul, as well as emerging brands such as Country Delight, Akshayakalpa, Sid’s Farm, and Milky Mist.
With the latest infusion of capital, Doodhvale Farms is well-positioned to strengthen its presence in the rapidly evolving dairy sector and expand its consumer base with a commitment to quality and sustainability.
