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The Hindu
The Hindu
National
Special Correspondent

Akshayakalpa Organic raises $15 million for expansion

Bengaluru

Akshayakalpa Organic, India's first certified organic dairy enterprise that offers organic milk and milk products, has raised of $15 million in Series B funding round from both existing and new investors.

British International Investment, the UK's development finance institution, Rainmatter Foundation, and its existing investor Venture Dairy have joined the Series B financing, said a press release issued on Thursday.

Akshayakalpa plans to aggressively invest in Bengaluru, Chennai, and Hyderabad markets, expand into new geographies of Pune, Mumbai and Kochi and take its long-shelf organic dairy products pan India, said the release.

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