Crèmeitalia, a dairy startup has raised ₹18 crore in its Series A funding round led by Amit Jatia Family Office and joined by BL Taparia Family Office (B2V Ventures) in the follow-on round.
The round also saw participation from Nikhil Vora (Founder and CEO of Sixth Sense Ventures, and a seasoned B2B and D2C investor), alongside the Vikram Saboo & Family, Arunkumar Jatia & Family, Vitalis Capital Family Trust, Anil Mittal Family Office, and other prominent high-net-worth individuals (HNIs).
The funds raised will be used to expand its operations, enhance R&D capabilities, and scale its distribution and retail presence.
The funds will also used to establish a manufacturing and R&D facility, expand its team, and increase brand-building efforts through digital marketing campaigns, industry collaborations, curated sampling experiences, and active participation in trade shows.
Prateek Mittal, Co-founder and CEO of Crèmeitalia, said, “We are thrilled to welcome an illustrious group of investors from diverse industries. Their business acumen, strategic relationships, and expert guidance will play a pivotal role in propelling our growth journey. With this funding round, our goal is to achieve a 5X scale-up in the next 18-24 months while building a robust, fundamentally strong business that sets new benchmarks in the industry. We would also like to acknowledge the strategic inputs from the existing investor, B2V Ventures, and their CIO, Apurva Shah, whose efforts in bringing key investors to this round have been truly exceptional.”
Rajas Dhote, Co-founder and COO of Crèmeitalia, said, “Our existing manufacturing and distribution capabilities provide a solid foundation, and this fundraiser will give us the momentum to further enhance our R&D and manufacturing expertise. By meticulously deploying these funds, we aim to streamline operations, achieve higher gross margins through improved economies of scale, and deliver superior value to our customers. Many of our investors come from manufacturing backgrounds, and we are excited to leverage their rich experience to drive operational efficiencies and sustainable growth.”
Founded in 2018 by Prateek Mittal and Rajas Dhote, Crèmeitalia is a dairy startup specializing in making cheese products using traditional Italian farm methods and technology.
Crèmeitalia aims to expand B2B outreach, expand its physical retail presence in additional cities, scale up its Direct-to-Consumer (D2C) sales channels, and strengthen its consumer offerings.
