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HomePosts Tagged "Sid’s Farm"
Agribusiness, Dairy, Finance, India, Start ups

The company plans to use funds for manufacturing, team building, and expansion in Hyderabad and Bengaluru.

Sid’s Farm, the dairy brand announced that the company has secured $10 Mn (Rs 83 Cr) in a Series A funding round co-led by Omnivore and Narotam Sekhsaria’s family office. The Telangana-based startup plans to use the freshly raised money to strengthen its manufacturing capabilities, team building and expanding to cities like Hyderabad and Bengaluru.

The Telangana-based D2C dairy startup plans to use funds for manufacturing, team building, and expansion in Hyderabad and Bengaluru.

Kishore Indukuri, founder of Sid’s Farm, said, “This investment will accelerate our growth in Hyderabad and Bengaluru. We strongly believe that there is an opportunity to serve over 1,00,000 families every day in these two markets alone.”

“Premium dairy brands and products over D2C platforms are expected to lead (the) growth (in the overall Indian dairy space) We see Sid’s Farm emerging as a key player in this space with its commitment to antibiotic-free, hormone-free, preservative-free milk and milk products,” said Reihem Roy, partner at Omnivore.

Founded in 2016 by Indukuri, Sid’s Farm currently serves around 20,000 customers daily on a subscription basis, offering a range of products, including milk, and milk products.

The company plans to use funds for

Company News, Dairy, India, People

Sunil has worked with Deloitte Consulting in the greater Los Angeles area, leading teams in technology and operations.

Sid’s Farm, a Telangana-based premium dairy brand, announced Sunil Potturi’s appointment as the new Chief Technology Officer (CTO). With over twenty years of experience in consulting, product development, strategy, and operations management, Sunil brings a wealth of expertise to the team. His strong business management and technology background is set to drive Sid’s Farm towards its goal of continuous innovation and growth.

Throughout his distinguished career, Sunil has demonstrated an exceptional ability to lead digital transformations and successful product launches across multiple companies. His skills in product management, client relationship management, program and portfolio management, and building high-performance global teams will be invaluable as Sid’s Farm continues to expand its technological capabilities.

Dr Kishore Indukuri, Founder of Sid’s Farm, expressed his enthusiasm about the new appointment: “We are thrilled to welcome Sunil Potturi to Sid’s Farm. His strategic vision and passion for technology perfectly align with our mission to deliver high-quality products and services. Sunil’s extensive experience and proven leadership will be instrumental in driving our future growth and innovation.”

Prior to joining Sid’s Farm, Sunil was an entrepreneur and startup advisor with notable roles including Co-founder and CEO at Cintelio, which was acquired by High Radius, where he served as Associate Vice President. He also held the position of Chief Delivery Officer at Mediamint, supporting global clients in digital marketing and technology services. Earlier in his career, Sunil worked with Deloitte Consulting in the greater Los Angeles area, leading teams in technology and operations.

Sunil holds a Bachelor of Engineering from CBIT, Hyderabad, and has completed the Senior Management Program from the Indian Institute of Management, Ahmedabad.

Sunil Potturi shared his excitement about joining Sid’s Farm: “I am honoured to join Sid’s Farm as the CTO. The company’s commitment to delivering quality products by leveraging the latest technologies resonates with my professional goals. I look forward to collaborating with the talented team at Sid’s Farm to achieve our strategic goals.”

Sunil has worked with Deloitte Consulting in

Agrotech, Company News, Dairy, India, Live Stock

Move aimed at supporting pioneering of smallholder dairy farming transformation.

 Sid’s Farm, a premium dairy brand based in Telangana, announced its selection as a participant in the prestigious Inclusive Business Program by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). This milestone was reached with the signing of a Memorandum of Understanding (MOU) between Ecociate, Endeva (Coach), and Sid’s Farm (Coachee), further cementing their commitment to promoting inclusive and sustainable business practices.

Under the Inclusive Business Program, Sid’s Farm will embark on an ambitious project titled “Improving Smallholder Dairy Farmers’ Milk Productivity by 1.2x Annually.” This project aims to generate meaningful social impact for smallholder farmers and individuals at the base of the economic pyramid, all while ensuring economic viability.

According to Santosh Gupta, Director, Sustainable Agriculture at Ecociate, “We are excited about the potential this coaching program holds for an inclusive business journey and are keen to start working with Sid’s Farm. Their commitment to inclusive business marks a significant step forward in our collaboration. Together we can bring about lasting changes in the realm of sustainable agricultural practices in India.”

Commenting on the inclusion, Dr Kishore Indukuri, Founder, Sid’s Farm said “We are honoured to have received this opportunity. We have been working tirelessly for years now towards the creation of ethical and sustainable dairy farming practices within our ever-growing network of farmers, and it is truly humbling when you are among the chosen few for a prestigious and impactful ESCAP programme as recognition of your efforts.”

The program will target 500 small-scale producers, with a special focus on empowering women in agriculture, with 300 female smallholder dairy farmers. By June 2024, a comprehensive comparison will be made between the progress reports submitted by Sid’s Farm in October 2023 and the projected results. Sid’s Farm aims to achieve a remarkable 20% increase in milk productivity among these farmers, directly or indirectly benefitting a network of 2,200 individuals.

ESCAP’s decision to select Sid’s Farm for its coaching services is a testament to the company’s dedication to fostering positive social and economic change at the grassroots level. In-depth discussions took place during a physical session involving Sid’s Farm’s team members, leading to this exciting partnership.

Furthermore, as a participant in the ESCAP Inclusive Business Program, Sid’s Farm is honoured to be invited to join the prestigious investment dialogue in India and participate in various other activities that align with the program’s objectives. These activities are being facilitated by ESCAP with the support of the Bill & Melinda Gates Foundation.

Sid’s Farm is committed to making a significant difference in the lives of smallholder dairy farmers and the communities at the base of the economic pyramid. This partnership with ESCAP, Ecociate, and Endeva is a significant step towards a brighter and more sustainable future for all stakeholders involved.

Move aimed at supporting pioneering of smallholder

Company News, Dairy, India, Live Stock

This decision will not impact the cost of other variants and cow milk offered by the company.

Sid’s Farm, a premium D2C dairy brand based in Telangana, announced a marginal increase in the retail price of its A2 Buffalo Milk. The revised price of Rs 60 per 500 ml pouches will come into effect on 31st August 2023 on the company’s app and other channels for the supplies of 1st September. This decision will not impact the cost of other variants and cow milk offered by the company.

The A2 Buffalo milk prices have been under pressure for quite some time due to the insufficient supply of buffalo milk, with no immediate signs of relief in sight. Sid’s Farm has observed a steep upsurge in raw buffalo milk costs, additionally due to the stringent quality standards adhered to by the company during milk procurement and processing stages. Despite the notable increase in procurement expense, Sid’s Farm is dedicated to containing the price elevation at a minimum level for its valued customers.

Dr. Kishore Indukuri, Founder of Sid’s Farm, acknowledged the prevailing inflationary challenges faced by the dairy industry this year. He said,” While we empathize fully with our customers considering the little additional financial burden, we are certain that our quality conscious customers would understand our predicament and continue to support us in our continued efforts to supply only real unadulterated antibiotic-free milk to them. It may not be one of the best times for the industry considering the continued surges in raw milk prices, but we will certainly keep our standards intact with the several thousand tests that we conduct every day on our milk.”

A2 Buffalo milk is rich in A2 beta-casein protein and free from A1 beta-casein protein, which enhances its nutritional value. Sid’s Farm’s A2 Buffalo Milk contains higher levels of protein, fat, nutrients and lactose. This leads to a feeling of fullness and helps in weight management and body fat control.

Since 2016, Sid’s Farm has been at the forefront of championing pure and healthy milk and dairy products. The company’s stringent regulations and rigorous testing protocols ensure the production of milk and dairy items of the highest quality. To counteract potential micro-level adulteration, Sid’s Farm conducts detailed assessments for urea, sugar, glucose, starch, peroxide, baking soda, caustic soda, formalin, melamine, and three classes of antibiotics at each container/can level. The company ensures rigorous monitoring of milk’s fat and solids-not-fat (SNF) content, employing the Methylene Blue Dye Reduction Test, the gold standard for evaluating raw milk quality.

This decision will not impact the cost

Company News, Dairy, India

The dairy industry has been struggling with cost inflation, which is largely due to intrinsic challenges that has led to an adverse impact on milk production.

Hyderabad based Sid’s Farm, a premium D2C dairy brand based in Telangana, announced a slight increase in the retail price of the A2 Buffalo Milk and A2 Double Toned Buffalo Milk. The new prices, applicable per 500 ml pouches, are Rs 55 for the A2 Buffalo milk variant and Rs 44 for the A2 Double Toned Buffalo Milk one. The company has decided to not alter the cost of the cow & skim milk variants.

The A2 Buffalo milk undergoes a rigorous quality assurance process after being sourced from raw buffalo milk. Despite a considerable increase in the factor cost of procuring raw buffalo milk in the last six months, sufficient care has been taken by Sid’s Farm to limit the price rise to as less as possible. However, the seasonal drop in milk output by around 50 per cent from April to September further limits milk supply and thereby increases the cost of production through various procurement overheads. The dairy industry has been struggling with cost inflation, which is largely due to intrinsic challenges such as changing weather patterns and unforeseen issues like Lumpy Skin Disease in cows that impacted cattle over the last year. This has led to an adverse impact on milk production. Sid’s Farm takes a diligent customer-centric approach to ensure zero tolerance for antibiotics in their milk, a safeguard which often results in a relatively higher rejection rate of raw milk.

Dr Kishore Indukuri, the founder of Sid’s Farm, emphasized the importance of customer trust and satisfaction, promising to always deliver honest and high-quality milk and dairy products. Despite the rising costs, Sid’s Farm had delayed increasing their prices for as long as possible. However, due to no relief, a slight price increase for their A2 Buffalo Milk was necessary.

The dairy industry has been struggling with

Company News, Dairy, India

Sid’s Dairy Farm is aiming to grow multi-folds in the coming years and disrupt the Indian A2 milk market.

Hyderabad based Sid’s Farm, a premium D2C dairy brand based out of Telangana, has launched A2 Desi Cow Milk for its customers in Hyderabad on the auspicious occasion of India’s 75th Independence Day. Due to high customer demand for A2 milk, the company made pre-booking available, and within the first 6 hrs of pre-booking; they received an overwhelming response with over 400+ customers pre-booking for more than 350 ltrs.  

India’s dairy market reached Rs 13174 billion in 2021. IMARC Group expects the market to reach Rs 30840 billion by 2027. The India A2 Milk Market size was estimated at USD 266.80 million in 2021 and expected to reach USD 303.49 million in 2022, at a CAGR of 12.24 per cent to reach USD 533.57 million by 2027. Capitalizing on this extensive growth, Sid’s Dairy Farm is aiming to grow multi-folds in the coming years and disrupt the Indian A2 milk market.

Dr. Kishore Indukuri, Founder, Sid’s Farm, said, “We are elated to launch Sid’s Farm A2 Desi cow milk, and there couldn’t have been a better time for us to introduce such premium quality, a high-demand product that has been predominantly available in the western markets, but now with this, we are revolutionizing the Indian natural dairy industry with respect to both our price and quality. We look at all our products as a medium to empower the Indian consumer, who must have all the rights to the highest quality natural foods that are readily available. As a nation, we have already answered the question of quantity emerging as the global leader in milk production volumes. It is time now that we addressed the question of quality too, and we at Sid’s Farm have been taking our humble but sure steps towards achievement of the same.”

A2 milk variation of cow’s milk is sold primarily in Australia, New Zealand, China, and the United States. However, with the globalized milk market and Indians being more inclined towards quality products and demanding more particular food choices, the A2 milk market saw a huge demand.

Sid’s Dairy Farm is aiming to grow