Dairy Startup Doodhvale Farms Raises $3 Mn
Doodhvale Farms raises $3 Mn
Delhi-based dairy startup Doodhvale Farms raises $3 Mn to boost its growth and expand its portfolio. This funding round, in partnership with Atomic Capital and Singularity Early Opportunities Fund, aims to enhance the startup’s distribution channels, product range, and technology platform. Founded in 2019, Doodhvale Farms currently serves over 10,000 clients across Delhi NCR.
Expansion and Product Portfolio Diversification
The startup intends to reach more customers across various regions. Its primary goal is to increase product availability and diversify the range of dairy offerings. The company already offers products like Gaon Jaisa Safed Makkhan, Pure Milk Khoya, and Desi Treats. With the additional funds, it aims to introduce new items that cater to a growing demand for pure and fresh dairy.
Strengthening Distribution Networks
The investment will also pave the way for the expansion of the distribution channel of Doodhvale Farms. The company provides home delivery of dairy products in many cities like Delhi NCR, Gurugram, Noida, Chandigarh etc. Hoping for a better abbreviated base, Doodhvale Farms has the feasibility to develop its arrival to more households. This will help them better satisfy their customers, while also offering the rapid delivery that comes with managing a local company for fresh foods.
Tech Upgrades and Automation
The firm needs to enhance it’s technology and have to work with the needs of an hour. . The startup is operational at a 2.5-acre fully automated processing farm at Sonipat, Haryana. It thus depends on incorporating new technologies for it to be in a position to establish high-quality dip production and expand its manufacturing capabilities.
Raising Funds and Strong Leadership
So far, the farm has secured $3 million from several investors such as the Ramakant Sharma Angel Investor, Ankit Tandon, and Saurabh Jain. Such investors have experience in various fields which enhances the leadership of the startup. The funds will help the company to work towards its mission to offer unadulterated farm fresh dairy products to households in India profitably.
Conclusion
The received funding will enable Doodhvale Farms to broaden its operations and product portfolio. The organisation’s vision focuses on increasing the supply of quality dairy products in India to more consumers. This investment will assist them dictate their position in the saturated dairy market thus expanding on their breakthrough so far.
Thanks
Link: https://inc42.com/buzz/dairy-startup-doodhvale-farms-nets-3-mn-to-boost-its-product-portfolio/
