PE-VC Fund Investments

Organic dairy startup Akshayakalpa raises Rs.175-Cr led by ABC Impact Fund

Indian Retailer  

Tiptur, Karnataka-based dairy startup Akshayakalpa Organic has raised INR 175 crore in a Series D funding led by ABC Impact Fund (via IMP2 Growth Pte Ltd), with participation from Rainmatter, Asha Ventures, Catamaran Ventures, and existing investors Waterfield Fund, Pratithi Growth Fund, and A91. As a part of the transaction, early investors, including Venture Dairy, made partial exits.Founded in 2010 by GNS Reddy and Shashi Kumar, Akshayakalpa operates a direct-to-consumer platform for organic milk and dairy products. The company delivers to customers across Bengaluru, Hyderabad, and Chennai, and its products are available in retail outlets and on major e-commerce and quick commerce platforms.The fresh funding will be used to meet working capital needs and support expansion plans.

Between Jul-14 and Feb-26, Akshayakalpa had attracted about USD 76 M from A91 Partners, ABC World Asia, Asha Ventures, Catamaran, Pratithi Investments, Rainmatter Capital, British International Investment, Venture Dairy, and others.For FY25, Akshayakalpa had reported about INR 387 Cr in Operating Income and about INR 27.36 Cr in Net Loss.

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