Dairy start-up Doodhvale Farms has raised $3 million from investors to expand its operations. In a statement released Wednesday, the company announced the successful closing of a $3 million funding round.

The round was led by Atomic Capital, with the Singularity Early Opportunities Fund as a major co-investor. The round also saw participation from Bharat Founders Fund and Indigram Labs Foundation.

Selected angel investors participating in this round include Ramakant Sharma (Co-Founder, Livspace), Ankit Tandon (CBO, OYO), Saurabh Jain (CEO, Livspace), and Arjun Vaidya (Co-Founder, V3 Ventures), among others. industry veterans.

“This strategic investment marks an important milestone in our journey to revolutionize India“Doodhvale Farms Dairy Industry,” said Aman J Jain, CEO and co-founder of Doodhvale Farms.

With this funding, he said the company would expand its reach and strengthen its commitment to providing pure, farm-fresh dairy products to Indian households.

Doodhvale Farms said it has maintained an impressive growth trajectory, achieving 100% year-on-year growth and consistent profitability on an EBITDA basis for three consecutive years.

The new capital will be deployed strategically to accelerate Doodhvale Farms’ expansion, strengthen distribution networks, diversify its product portfolio and modernize technology infrastructure.

Doodhvale Farms is a fully vertically integrated, technology-driven, direct-to-consumer (D2C) dairy and staples company that produces and delivers premium farm-fresh produce directly to consumers’ doors. It was founded by Aman J Jain, Ishu Jain, Sanjay Jain and Sudhir Jain.