Monday, March 31, 2025

Crèmeitalia raises Rs. 18 Crore in Series A Funding to expand operations and strengthen market presence

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Crèmeitalia has raised Rs.18 crore (USD 2.1 million) 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 brand famous for its authentic Italian cheese and cheese spreads announces the closure of its latest round. This investment will enable the company to expand its operations, enhance R&D capabilities, and scale its distribution and retail presence.

The round also saw contributions 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 ,AnilMittal Family Office, and other prominent high-net-worth individuals (HNIs). Their collective expertise across various industries brings valuable insights and strategic support to Crèmeitalia.  

The capital raised will support the company in several key areas, including the establishment of a state-of-the-art manufacturing and R&D facility, expansion of its team, and increased brand-building efforts through digital marketing and industry collaborations. Having relied on just operational profits until now, this funding also helps build brand value. Through targeted digital marketing campaigns, curated sampling experiences, and active participation in trade shows, there will be an increased connection with the audience and strengthen industrial ties. 

This initiative aligns with Crèmeitalia’s broader vision of becoming a leading player in the premium dairy sector. Further, it aims to enhance B2B outreach, expand its physical retail presence in additional cities, scale up its Direct-to-Consumer (D2C) sales channels, and strengthen its consumer offerings.

Commenting on the funding round, 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, added,
“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.”

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