Farmley raises $6M in Series A funding round led by DSG Consumer Partners & Alkemi Growth Capital

• ByStartupStory     |    August 5, 2022

Farmley, a full-stack nuts and dry fruits startup, has raised $6 million in Series A funding round led by DSG Consumer Partners and Alkemi Growth Capital. Existing investors Omnivore, Insitor Partners, and other angel investors also participated in the financing round.

The  Noida-based startup will utilize the fresh funds for channel expansion, hiring talent, and building its brand.

“Farmley is a consumer-centric brand at heart. We are here to become a globally loved brand, born in India and being consumer-first in our approach is the only way to achieve it. Nuts and dry fruits have become synonymous with festivities, good health, and great taste. We aim to blend them into the various eating occasions throughout the day and make each moment special and memorable,” said Akash Sharma and Abhishek Agarwal, Co-founders of Farmley.

“This segment is large and the unorganised market makes up 95 percent of the market. The products from the unorganised market suffer from quality, hygiene, and adulteration issues. The full backward integration at Farmley ensures premium quality produce and innovative product launches such as India’s first makhana pasta. The company is on a strong growth trajectory and the founders have built a stellar team with laser-focus on customer pain points,” said Hariharan Premkumar, Head of India at DSG Consumer Partners.

About Farmley

Founded in 2017 by IIT graduates Akash Sharma and Abhishek Agarwal, New Delhi based Farmley is one of the leading Agri Commodity brands of India creating a dynamic yet stable platform for suppliers and wholesale consumers. They source commodities like Nuts and dry fruits, seeds, spices directly from the place of origin, develop systems and processes to fulfil deliveries right at Customer’s doorstep.

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