You can be on Entrepreneur’s cover!

Sid's Farm Raises $1 Million In Bridge Round The fund raised will be used for new product development, infrastructure upgrades, deeper retail penetration and digital transformation in order to gear up for future trajectory

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Direct-to-consumer dairy brand, Sid's Farm has raised $1 million in Bridge round from its customers and their referrals. Being a bootstrapped enterprise driven by organic growth so far, this first fundraise from its high net-worth customers and their referrals is testimony to its brand credibility, superior quality and unparalleled customer experience. The fund raised will be used for new product development, infrastructure upgrades, deeper retail penetration and digital transformation in order to gear up for future trajectory.

The round also witnessed participation from other investors include Shilpa Chowdari, Praveena Edupganti, Feroz Mohammed, Goutham Kumar Reddy, Kapil Godani, Kiara A Duhlani, Haregour Nayak, Raviteja Chunduru, Dr. Abhinav Gorukanti, N Ramanjaneya Reddy, Sudheer Chukkapalli, VVR Abhijit, Hapgrow Private Limited, Lekhya Entertainment Private Limited, S. Lakshmi Phani, Tao Capital Private Limited, and Vinit Rai.

"We have been bootstrapped all these days and I cannot be thankful enough for our customers who have come forth and placed their trust in our vision by investing in our brand," said Dr.Kishore Indukuri, founder and MD at Sid's Farm.

Sid's Farm has developed itself to achieve consistent YoY growth for the past few years. Currently, the company serves over 15,000 customers daily on a subscription basis, claimed by the company in a statement.

"With pure grit and determination, Kishore has built a dairy brand that stands out from the rest in terms of product quality and on-time delivery. In an industry that's largely fragmented and has traditionally been slow in adoption of technology, Sid's Farm's approach is simple and the agile. It's a pleasure to be associated with Kishore and Sid's Farm in their endeavour to provide pure dairy products," said Sunil Kumar Potturi, a lead investor in the round.

Sid's Farm is a premium dairy brand based in Telangana. Established in 2016, the brand has been revolutionizing the concept of pure, healthy, adulterant-free milk and milk products.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

I Designed My Dream Home For Free With an AI Architect — Here's How It Works

The AI architect, Vitruvius, created three designs in minutes, complete with floor plans and pictures of the inside and outside of the house.

Making a Change

Learn to Play Guitar Even if You Have No Previous Training for Just $20

Start with the beginner's crash course and learn how to play guitar in no time.

Marketing

Save Big and Get This Pro Collage App for $39.99

Edit, adjust, and create collages in seconds.

Science & Technology

These Are the Top 6 AI Threats to Your Business Right Now

The modern workforce is forever changed by artificial intelligence. If you fail to understand that we will all need to learn AI to some degree, you haven't been paying attention.

Business Solutions

Handle In-House Projects More Efficiently with MS Project Pro — Just $24 Through April 16

It's designed to help teams stay on task with features like management templates, timesheets, generators, and more.

Business News

This Fan-Favorite Masters 2024 Item Is Still $1.50 as Tournament Menu Appears Unscathed by Inflation

The pimento cheese sandwich is a tradition almost as big as the tournament itself.