2010
Tiptur (India)
Series C
Akshayakalpa is India's first certified organic dairy enterprise, founded in 2010 by Shashi Kumar and GNS Reddy in Tiptur, Karnataka. The company operates as a farmer entrepreneurship initiative, focusing on sustainable and organic farming practices to promote economic viability for farmers and provide high-quality dairy products to consumers.
Farmer Support: Akshayakalpa collaborates with local farmers, providing them with technical support, bank links, and market access to encourage sustainable farming practices. The company helps farmers set up organic dairy farms with modern equipment like automatic milking systems and biogas plants.
Organic Practices: Farmers are trained to maintain soil health without chemicals and raise cows without antibiotics or growth hormones. The cows are primarily fed green fodder grown organically.
Procurement and Processing: Akshayakalpa owns a processing plant where milk from collaborating farms is packed and processed. The milk is supplied to cities like Bangalore and Tumkur.
Dairy Products: Akshayakalpa offers a range of organic dairy products, including milk, butter, ghee, cheese, paneer, set curd, buttermilk, and slim milk.
Subscription Services: Consumers can purchase these products through a subscription model available on their mobile app.
$38.8Million
9
$12.0Million, Series C
as of January 6, 2024
$65.8Million
as of October 1, 2024
1.2
as of January 1, 2024
Lok Capital
and 7 more514
VS Mani & Co
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
January 6, 2024 | Series C | $12.0Million | $65.8Million | $32.8Million | - | A91 Partners, Rainmatter, British International Investment, JSA |
July 21, 2022 | Series B | $15.0Million | $36.2Million | $18.4Million | 1.2x | British International Investment, Rainmatter , Dairy Enterprise Services, Venture Dairy, V-Dairy (UK) Limited ,Veda Corporate Advisors |
April 15, 2021 | Series A | $5.1Million | $46.6Million | $14.1Million | 2.9x | Lok Capital , Betsol, Venture Dairy, Zerodha |
April 29, 2020 | Series A | $2.3Million | $12.7Million | $9.0Million | 1.1x | Lok Capital ,Venture Dairy |
July 12, 2019 | Series A | $3.4Million | $10.1Million | $5.7Million | 1.2x | Lok Capital ,Venture Dairy |
February 11, 2015 | Seed | $287.0K | $1.4Million | - | - | Venture Dairy |
July 22, 2013 | Seed | $420.0K | $1.1Million | - | - | Venture Dairy |
April 25, 2013 | Angel | $54.5K | $1.5Million | - | - | - |
December 31, 2012 | Seed | $286.0K | $1.4Million | - | - | Ksheera Ventures ,Kamadhenu Investment |