Hyderabad-based Sid’s Farm, a direct-to-consumer dairy and foods brand in India, said on July 30 it raised over 810 million rupees (US$8.46 million) in a pre-series B round.

Investors included Omnivore, NSFO, Dodla Dairy, Next Bharat Ventures, and LIO.

The company said it will use the funds to strengthen its supply chain and expand manufacturing, distribution, product innovation, and geographic reach.

Founded in 2016 by Dr. Kishore Indukuri, Sid’s Farm said it serves over 50,000 families across multiple cities and works with more than 5,000 dairy farmers.

The company also said it conducts more than 10,000 quality tests daily across over 45 parameters.

Sid’s Farm said the round will support its next phase of growth.

Dodla Dairy’s board approved a 116.4 million rupees (US$1.22 million) cash purchase for a 2% stake in Sid’s Farm on July 26.

India’s dairy industry is projected to grow at a 14.14% compound annual growth rate through 2034, with premium and value-added products identified as an opportunity.

🔗 Source: Sid’s Farm