• Farmley has raised $42 million in Series C funding led by L Catterton, with participation from DSG Consumer Partners.
  • The brand’s revenue has grown 55% annually over the past two years, reaching approximately $41 million in FY25.

Farmley, a homegrown Indian brand known for its healthy snacking options, has raised $42 million in a Series C funding round led by global consumer-focused investment firm L Catterton. Existing investor DSG Consumer Partners also participated in the round.

Founded in 2017 and endorsed by former Indian cricket captain Rahul Dravid, Farmley offers a range of better-for-you snacks such as Makhana-based munchies, Date Bites, and roasted nuts.

With this latest infusion of capital, the company aims to further solidify its position in India’s rapidly growing health-conscious snacking market.

According to Farmley, its revenue has grown at an annual rate of approximately 55% over the past two years, reaching about $41 million in FY25.

Central to its business model is a unique "farm-to-palm" approach that empowers farmers, encourages sustainable farming practices, and ensures high-quality offerings for consumers.

The company plans to use the funds to deepen its penetration into untapped regional markets, invest in advanced food technology, and roll out cutting-edge product formulations.

"We are committed to reimagining snacking for the modern Indian consumer, transforming what was once considered mere convenience food into a wholesome delightful experience.
We are thrilled to partner with L Catterton as its differentiated combination of global and local insights into our industry, as well as proven operating capabilities will be instrumental as we continue revolutionizing the healthy snacking landscape in India,"

Co-Founders Akash Sharma and Abhishek Agarwal said in a joint statement.

L Catterton's Anjana Sasidharan noted the brand’s strength in aligning with long-term consumer trends and emphasised Farmley’s capabilities in dried fruit and nut sourcing, product development, and strong partnerships across key sales channels.

Edited by Annette George