Sid’s Farm, a prominent direct-to-consumer (D2C) dairy startup, has successfully raised $10 million in Series A funding from Omnivore and the Narotam Sekhsaria Family Office (NSFO). This funding marks a significant milestone for the company as it aims to bolster its presence in Hyderabad and Bengaluru, two key markets in India.
Dr. Kishore Indukuri, the Founder of Sid’s Farm, expressed enthusiasm about the investment, highlighting its pivotal role in accelerating the company’s growth trajectory. This investment will help to expand manufacturing capabilities and enhance infrastructure to meet the increasing demand for high-quality dairy products. The funds will also be allocated towards strengthening the team across various functions, ensuring Sid’s Farm can sustain its commitment to delivering fresh, healthy, and responsibly sourced food to consumers.
Established in 2016, Sid’s Farm has carved a niche in the dairy industry by offering nutrient-dense, additive-free milk sourced directly from farmers. The company manages the entire value chain meticulously, conducting rigorous quality testing to uphold its standards of antibiotic-free, hormone-free, and preservative-free dairy products.
With a customer base exceeding 25,000 across its current markets, Sid’s Farm aims to expand its reach further. Dr. Indukuri emphasized the potential to serve over 100,000 families daily in Hyderabad and Bengaluru alone, underscoring the robust growth opportunities in the region.
The investment comes at a strategic time for the dairy sector in India, which witnessed substantial growth, reaching Rs 6,792 billion in 2023 and projected to reach Rs 49,953 billion by 2032, according to IMARC Group reports. The shift towards premium dairy products through D2C platforms is expected to drive this growth, positioning Sid’s Farm as a pivotal player in the market.
Reihem Roy, Partner at Omnivore, affirmed Sid’s Farm’s potential, stating, “We foresee Sid’s Farm emerging as a leader in the premium dairy segment, given its unwavering commitment to quality and sustainability.”
Sid’s Farm’s expansion plans are aligned with its mission to redefine the dairy industry by prioritizing consumer health and environmental responsibility. The infusion of funds from Omnivore and NSFO marks a crucial step towards realizing this vision, propelling the company towards further innovation and market leadership.