New Delhi, November 21, 2024: Doodhvale Farms, a standout player in India’s premium dairy industry, has successfully raised $3 million in funding. The investment round was led by Atomic Capital, with Singularity Early Opportunities Fund also playing a key role as a co-investor. Other contributors included Bharat Founders Fund and Indigram Labs Foundation.
The funding round also saw support from angel investors like Ramakant Sharma (Co-Founder of Livspace), Ankit Tandon (CBO of OYO), Saurabh Jain (CEO of Livspace), and Arjun Vaidya (Co-Founder of V3 Ventures), along with other experienced industry experts.
The fresh proceeds will be used to speed up Doodhvale Farms’ growth, expand its distribution networks, broaden its product range, and improve its technology infrastructure.
Atomic Capital is an early-stage fund focused on consumer brands according to the reports published in zeebiz.com.
Apoorv Gautam, the founder and managing partner of Atomic Capital said, “We’re excited to team up with Doodhvale Farms as they work to deliver top-quality milk and related products across India. As one of the first companies in India to offer a fully integrated online subscription service for these products, Doodhvale Farms has shown impressive efficiency in using capital.”
Suyash Kela from Singularity Early Opportunities Fund said, “We are really excited about the growing demand for premium products in categories like food and beverages. Doodhvale Farms stands out with its pure, high-quality milk and products, strong control over its supply chain, and founders who are closely connected to the business, which made them a great fit for us.”
