Organic dairy startup Akshayakalpa Organic is raising Rs 175 crore (around $19 million) in its Series D round led by ABC Impact Fund, with participation from existing investors.
According to regulatory filings sourced from the Registrar of Companies (RoC), the company’s board has passed a special resolution to issue 36.81 lakh Series D compulsory convertible preference shares at an issue price of Rs 475 per share to raise the aforementioned amount.
ABC Impact, through IMP2 Growth Pte Ltd, is set to lead the round with an investment of Rs 101 crore….

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