Healthy food startup Khetika has secured $18 million in a Series B funding round, as per an official press release. The round was led by the Narotam Sekhsaria Family Office and Anicut Capital. Additionally, existing investors—Incofin India Progress Fund, Rajasthan Gum, and Shree Ram India Gums—also participated in the round, further reaffirming their support for the brand’s growth journey.
Founded in 2017, Khetika offers a diverse range of food products, including batters, chutneys, millet-based staples, and spices. Moreover, the brand claims to operate a tech-driven supply chain that directly sources from farmers across 14 states in India, thereby ensuring freshness and traceability.
Khetika will use the newly raised capital to expand its brand and scale manufacturing capabilities. Furthermore, the healthy food startup plans to grow its product line and explore international markets as part of its broader growth strategy.
“We closed FY25 with ₹247 crore in revenue, up from ₹160 crore in the previous year. That’s over 50% year-on-year growth. We’re aiming to hit ₹2,000 crore in revenue in the next three years—a nearly 10X growth. The drivers will be channel expansion, entering international markets, product innovation, and scaling our brand,” Dr Prithwi Singh, Co-founder and CEO of Khetika said.
Khetika’s product range is available across major quick commerce platforms as well as in both modern and traditional retail outlets. Although quick commerce has emerged as the company’s fastest-growing sales channel, traditional distribution continues to be its primary revenue driver, contributing nearly 75% of overall sales.
“Indian households increasingly demand clean-label, health-focused foods that deliver on nutrition and transparency—precisely what Khetika provides. Prithwi, Raghu, Darshan and the Khetika team have demonstrated an exceptional grasp of sourcing networks, product development and the retail distribution landscape, and have built technology that drives measurable impact across the supply chain. It’s exciting to partner with them on this journey,” said Adithya Bharadwaj, Principal, Anicut Capital.
With the latest Series B funding, Mumbai-based Khetika has now raised a total of approximately $25 million. Significantly, around 30% of the newly secured capital will be used to provide partial exits to early backers, including SIDBI Venture Capital. Moreover, this move reflects the startup’s growing maturity and increasing investor confidence as it continues to scale its operations.