Akshayakalpa Organic raises $15 million in Series B funding to expand its sustainable organic dairy operations across Indian markets.
Information on the Target
Akshayakalpa Organic is a prominent organic dairy business based in Bengaluru, India. The company specializes in producing organic milk and dairy products and has established a strong presence in urban markets such as Bengaluru, Chennai, and Hyderabad. Following the successful closure of a $15 million Series B funding round, which attracted both existing and new investors, Akshayakalpa aims to enhance its commitment to sustainable and regenerative farming practices while delivering premium organic milk to its growing customer base.
Founded by Dr. GNS Reddy and Shashi Kumar, Akshayakalpa is currently one of India's largest organic milk producers. The company collaborates with over 750 farming families, supplying milk and other dairy products to more than 60,000 consumers daily. With a significant growth trajectory characterized by a 60% Compound Annual Growth Rate (CAGR) over the past five years, Akshayakalpa is poised to expand its operations into additional markets including Pune, Mumbai, and Kochi, while enhancing its product distribution through various retail outlets and e-commerce platforms.
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Industry Overview in India
The Indian dairy industry has witnessed substantial growth, driven by increasing consumer demand for quality and health-oriented products. In recent years, an increasing number of consumers have shown a preference for organic products d
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British International Investment, Rainmatter Foundation, Venture Dairy
invested in
Akshayakalpa Organic
in
in a Series B deal
Disclosed details
Transaction Size: $15M