A91 Partners has made investments in Akshayakalpa Farms and Foods Private Limited, a company engaged in the manufacture and sale of organic milk and milk products.
The transaction consisted of two key components:
Series C Primary Investment: A91 Partners led the Series C investment round in the company. Notably, existing investors British International Investment and Rainmatter Climate Investments also participated in the round.
Secondary Share Acquisition: A91 Partners further acquired shares from Lok Capital Growth Fund and several angel investors.
JSA represented and advised A91 Partners in this investment deal.
The transaction team consisted of Probir Roy Chowdhury (Partner), Yajas Setlur (Partner), Bhargavi Kuchewar (Associate), Nikhil George (Associate) and Moushami Nayak (Associate).
Founded in 2010 by GNS Reddy and Shashi Kumar, Akshayakalpa emerged with a vision to foster a healthier and more sustainable food ecosystem. Starting as a modest startup with only three farmers, the organization has experienced substantial growth. Currently, it boasts a network of close to 600 farmers and caters to over 60,000 consumers daily in Bengaluru, Hyderabad, and Chennai through its digital platform.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.