VC Fund Investments
Cheese seller Cremeitalia raises Rs.18-Cr led by Amit Jatia Family Office, others
Mumbai-based dairy startup Cremeitalia has raised INR 18 crore (around USD 2.1 million) in a Series A funding round led by the Amit Jatia Family Office. The round also saw participation from other investors and family houses, including BL Taparia Family Office (B2V Ventures), Sixth Sense Ventures’ founder Nikhil Vora, Vikram Saboo & Family, Arunkumar Jatia & Family, Vitalis Capital Family Trust, Anil Mittal Family Office and other high-net-worth individuals (HNIs).The firm plans to use the fresh capital to expand operations, enhance R&D capabilities, scale distribution and retail presence. The proceeds would also be deployed for team expansion and to bolster its B2B (business-to-business) outreach, expand its physical retail footprint in new cities, scale its direct-to-consumer (D2C) sales channels and enhance consumer offerings.Founded in 2018 by Prateek Mittal and Rajas Dhote, Cremeitalia makes cheese products using traditional Italian farm methods and technology.
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