Doodhvale Farms, a trailblazer in India’s premium dairy market, has successfully raised $3 million in its latest funding round. Atomic Capital led this round, while Singularity Early Opportunities Fund joined as a key co-investor.
Additionally, Bharat Founders Fund and Indigram Labs Foundation participated alongside prominent angel investors such as Ramakant Sharma (Co-Founder, Livspace), Ankit Tandon (CBO, OYO), Saurabh Jain (CEO, Livspace), and Arjun Vaidya (Co-Founder, V3 Ventures). These industry leaders bring valuable expertise to Doodhvale Farms.
The company continues to achieve remarkable milestones, recording 100% year-over-year growth, sustained profitability on an EBITDA basis for three years, and the launch of innovative products like Gaon Jaisa Safed Makkhan, 100% Pure Milk Khoya, and Desi Treats. These achievements showcase Doodhvale Farms’ commitment to quality and innovation.
“This strategic investment marks a significant milestone in our journey to revolutionize India’s dairy industry,” said Aman J Jain, CEO and Co-founder of Doodhvale Farms. “With this funding, we are poised to expand our reach and enhance our commitment to delivering pure, farm-fresh dairy products to Indian households.”
The new funding will help Doodhvale Farms expand rapidly, enhance its distribution channels, diversify its product offerings, and modernize its technology infrastructure. This strategic use of capital aims to boost their presence and efficiency in the competitive dairy market.
Atomic Capital, a consumer-focused early-stage fund, played a pivotal role in this funding round. Led by Apoorv Gautam, Founder, and Managing Partner, the fund leverages a unique operating VC model and boasts a strong record of successful exits in the consumer sector. Their expertise positions them as ideal partners for scaling emerging brands like Doodhvale Farms.
Commenting on the partnership, Apoorv shared his vision: “We are thrilled to partner with Doodhvale Farms on their ambitious journey to bring world-class quality milk and allied products to India. As one of India’s first vertically integrated online subscription platforms for these products, Doodhvale Farms has demonstrated exceptional capital efficiency.”
Suyash Kela from Singularity Early Opportunities Fund, the round’s major co-investor, added, “Premiumization of large consumption categories like F&B is a theme we are very bullish about. Doodhvale Farms, with its premium, unadulterated milk and allied products offering, strong hold on the supply chain, and founders with their feet and ear to the ground, really appealed to us.”
