Doodhvale Farms, a dairy startup in Haryana, has raised $3 million to expand its product range, enhance distribution, and improve technology infrastructure across Delhi NCR.
Doodhvale Farms, a Haryana-based dairy startup focused on delivering fresh and high-quality dairy products across Delhi NCR, has raised $3 million in a funding round co-led by Atomic Capital and Singularity Early Opportunities Fund. The company, founded in 2019, is known for its farm-fresh offerings and commitment to sustainability.
The funding round also saw participation from Indigram Labs Foundation and angel investors, including prominent industry leaders such as Livspace cofounder Ramakant Sharma, OYO CBO Ankit Tandon, and V3 Ventures cofounder Arjun Vaidya.
Expansion and Innovation
Doodhvale Farms, headquartered in Sonipat, Haryana, plans to use the funds to enhance its distribution network, diversify its product portfolio, and upgrade its technology infrastructure. Speaking about the funding, cofounder Aman J Jain said,
“With this funding, we are poised to expand our reach and enhance our commitment to delivering pure, farm-fresh dairy products to Indian households.”
Aman J Jain, cofounder
The startup initially began operations with two Holstein Friesian cows on a small farm near Delhi. It has since grown significantly, now operating from a 2.5-acre automated processing facility in Sonipat with a herd of 50 Holstein Friesian cows.
Growth and Offerings
Doodhvale Farms has achieved 100% year-over-year growth and has been EBITDA-positive for three consecutive years. Its product range includes traditional dairy items such as Gaon Jaisa Safed Makkhan and Pure Milk Khoya, catering to urban consumers seeking authentic and fresh products.
The company serves over 10,000 customers across key cities, including Delhi, Gurugram, Noida, Faridabad, Chandigarh, and Mohali, among others.
Competitive Landscape
Doodhvale Farms operates in the direct-to-consumer (D2C) dairy segment, competing with players like Telangana-based Sid’s Farm and Karnataka-based Akshayakalpa. Sid’s Farm raised $10 million in June 2024, while Akshayakalpa secured $15 million in September 2022.
The Growing Agritech Sector
The Indian agritech sector continues to attract investor interest. According to reports, agritech startups in India raised $1.4 billion across 189 funding deals between 2014 and January 2022. The sector is projected to grow to $30-35 billion by 2025, with companies like Doodhvale Farms playing a key role in this transformation.
Doodhvale Farms’ success underscores the growing demand for sustainable and high-quality dairy products in India, further boosting the country’s agritech landscape.
