Dairy Startup Doodhvale Farms Nets $3 Mn To Boost Its Product Portfolio

Dairy startup Doodhvale Farms has raised $3 Mn (around INR 25.33 Cr) in an undisclosed funding round co-led by Atomic Capital and Singularity Early Opportunities Fund.

The round also saw participation from Indigram Labs Foundation, along with angel investors, including Livspace cofounder Ramakant Sharma, OYO CBO Ankit Tandon, Livspace CEO Saurabh Jain and V3 Ventures cofounder Arjun Vaidya.

The company plans to use the fresh capital for expansion, strengthening distribution networks, diversifying product portfolio and upgrading technology infrastructure.

Founded in 2019 by Aman J Jain, Ishu Jain, Sanjay Jain and Sudhir Jain, Doodhvale Farms delivers milk and dairy products across Delhi NCR.

The company started with two Holstein Friesian cows on a single farm near Delhi’s Rohini area. It now operates from a 2.5-acre automated processing farm in Sonipat, Haryana, housing 50 Holstein Friesian cows.

It claims to have achieved 100% year-over-year growth and maintained profitability on an EBITDA basis for three consecutive years. Its product portfolio includes Gaon Jaisa Safed Makkhan, Pure Milk Khoya and Desi Treats.

“With this funding, we are poised to expand our reach and enhance our commitment to delivering pure, farm-fresh dairy products to Indian households,” said Aman J Jain.

The startup currently serves over 10,000 customers across Delhi, Gurugram, Sonipat, Noida, Greater Noida, Faridabad, Ghaziabad, Chandigarh, Panchkula, Mohali, Kharar and Zirakpur.

In the D2C dairy segment, Doodhvale Farms competes with Country Delight, Sid’s Farm and Akshayakalpa.

Telangana-based in June 2024 from Omnivore and Narotam Sekhsaria’s family office. Meanwhile, in September 2022 from British International Investment, Rainmatter Foundation and Venture Dairy.

According to an Inc42 report, raised $1.4 Bn across 189 funding deals between 2014 and January 2022, with the sector projected to reach $30-35 Mn by 2025.

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