Dairy startup Mooofarm Pvt Ltd raised $13 million in Series A led by Aavishkaar Capital

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Dairy startup Mooofarm Pvt Ltd raised $13 million in Series A led by Aavishkaar Capital, the Impact Investing arm of the Aavishkaar Group, offering the investor a minority stake in the startup where other investors including Accel Partners, Aditya Birla Ventures, the Venture capital arm of Aditya Birla Group, along with existing investors Rockstart AgriFood, Navus Ventures including venture debt from Alteria Capital also participated.

Mooofarm aims to bridge the technological divide in order to empower marginalised dairy farmers. Mooofarm intends to use the funds to expand geographically, deepen its presence in current markets, and strengthen its technology stack. Currently, it is operational in Rajasthan, Punjab, and Haryana. Following the fundraising, the organisation intends to expand its operations to Madhya Pradesh and Maharashtra.

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Dairy startup Mooofarm Pvt Ltd raised $13 million in Series A led by Aavishkaar Capital

Dairy startup Mooofarm Pvt Ltd raised $13 million in Series A led by Aavishkaar Capital, the Impact Investing arm of the Aavishkaar Group, offering the investor a minority stake in the startup where other investors including Accel Partners, Aditya Birla Ventures, the Venture capital arm of Aditya Birla Group, along with existing investors Rockstart AgriFood, Navus Ventures including venture debt from Alteria Capital also participated.

Mooofarm aims to bridge the technological divide in order to empower marginalised dairy farmers. Mooofarm intends to use the funds to expand geographically, deepen its presence in current markets, and strengthen its technology stack. Currently, it is operational in Rajasthan, Punjab, and Haryana. Following the fundraising, the organisation intends to expand its operations to Madhya Pradesh and Maharashtra.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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