Team Startupcity

• Khetika raised $18 million in Series B funding led by Narotam Sekhsaria Family Office and Anicut Capital, with participation from existing investors.
• The funds will be used for brand expansion, manufacturing scale-up, international growth, and product innovation, with 30% allocated for secondary exits to early investors.
• The clean-label food brand reported Rs 247 crore in FY25 revenue and aims to reach Rs 2,000 crore in the next three years by expanding to 40 cities and growing its retail channels.

Clean-label food brand Khetika has raised $18 million in a Series B funding round, led by the Narotam Sekhsaria Family Office and Anicut Capital, with participation from existing investors including Incofin India Progress Fund, Rajasthan Gum, and Shree Ram India Gums. The Mumbai-based company, founded in 2017, has now raised a total of $25 million in funding.

Khetika offers a range of clean-label, health-focused food products such as batters, chutneys, millet-based staples, and spices. It operates with a tech-enabled supply chain that sources directly from farmers across 14 Indian states. The company plans to use the fresh capital for brand expansion, scaling manufacturing capacity, international market entry, and widening its product portfolio.

Khetika currently runs production plants in Delhi, Mumbai, Ahmedabad, and Bihar, and is gearing up to expand its presence to 20 cities, with an aim to reach 40 cities through its nano plant model.

“We closed FY25 with Rs 247 crore in revenue, up from Rs 160 crore last year over 50% YoY growth. Our target is to hit Rs 2,000 crore in revenue in the next three years, driven by channel expansion, global entry, innovation, and brand scaling”, said Dr. Prithwi Singh, Co-founder and CEO of Khetika.

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Khetika's products are available via quick commerce platforms and in both modern and traditional retail outlets. Despite rapid growth in digital sales, around 75% of its revenue still comes from traditional distribution channels.

Anicut Capital’s Adithya Bharadwaj praised the team’s execution and vision, noting their strong grasp of sourcing, product development, and retail distribution.

Notably, about 30% of the new funds will provide secondary exits for early investors, including SIDBI Venture Capital.