Noida-based full-stack nuts and dry fruits startup Farmley (TechnifyBiz) has raised $6 million in a Series A funding round.

The funding round was co-led by DSG Consumer Partners and Alkemi Ventures, with existing investors Omnivore, Insitor Partners and other angel investors.

As per the startup, the raised funds will be used to deploy the fresh proceeds for channel expansion as well as for building its team and brand.

Farmley | Nuts And Dry Fruits Startup

Founded by Akash Sharma and Abhishek Agarwal in 2017, Farmley is a full-stack nut and dry fruits startup that claims to have built backend linkages over the years with domestic and global farming communities to source nuts and dry fruits.

Speaking on the development, Akash Sharma and Abhishek Agarwal, Co-founders of Farmley, said,

“Farmley is a consumer-centric brand at heart. We are here to become a globally loved brand, born in India and being consumer-first in our approach is the only way to achieve it. Nuts and dry fruits have become synonymous with festivities, good health, and great taste. We aim to blend them into the various eating occasions throughout the day and make each moment special and memorable.”

Backed by deep customer insights and years of R&D, Farmley has also developed five processing units in India to enable the brand to produce premium quality nuts and dry fruits and provide them at accessible price points to consumers.

Farmley claims to have scaled its revenues by 10X in the last 18 months. It has an assortment of over 100 products derived from nuts and dry fruits, including trail mixes maida-free pasta made from makhana and roasted munchies made from nuts.

Following an omnichannel distribution approach, the startup has made its products available on all ecommerce and commerce platforms alongside retail stores across 20 Indian cities. Its products are also available in select international markets, including the US, Middle East, and Australia.

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