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Farmley raises around Rs 56 Cr. from BC Jindal Group

Farmley Fundign Round

Farmley is a dry-fruits and nuts specialist, cofounded by Abhishek Agarwal and Akash Sharma, they have successfully closed their Pre-Series B Round of Rs. 56 Crore from BC Jindal Group and other existing investors DSG Consumer Partners, Omnivore and Alkemi Partners.

Farmley's previous funding rounds were

1) DSG and Alkemi had led a $6 million Series A round

2) $2 million seed round in 2020 from Omnivore and Insitor.

Farmley has clocked an annual revenue of around Rs 150 crore in FY23 and claims to cross the Rs 300 crore annual recurring revenue by end of FY24.

Founder said that "The new round will help Farmley deepen its presence across the offline retail touchpoints and intensify brand-building efforts, the company said in a press release. "


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