Indian healthy snacking brand Farmley raises $42 million in funding

Here’s the summarized data from the article regarding Farmley’s funding:

Startup Details

• Startup: Farmley
• Founded: 2017
• Founders: Akash Sharma and Abhishek Agarwal

Funding Details

• Funding Amount: $42 million
• Funding Series: Series C
• Date of Fundraise: Not specified in the text
• Investors:
  • Lead Investor: L Catterton
  • Existing Backer: DSG Consumer Partners

Purpose of Fundraising

• Focus on:
  • Penetrating untapped regional markets
  • Developing innovative product formulations
  • Leveraging advanced food technology for healthier snacks

Additional Notes

• Endorsed by former cricket captain Rahul Dravid.
• Revenue growth of approximately 55% annually, reaching around $41 million in FY25.
• Promotes sustainable practices with a farm-to-palm model.

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2025-05-12 10:20:22