Farmley Secures $40M to Transform Healthy Snacking

• Farmley, a D2C snacking brand, has raised $40 million in a Series C funding round led by L Catterton, with participation from DSG Consumer Partners.
• The new funds will help Farmley scale up India's dried fruits and nuts segment, enhancing the healthy snacking market.
• Farmley's strategy includes penetrating untapped markets and creating innovative products that combine nutrition with taste.
• Founded by Abhishek Agarwal and Akash Sharma in 2017, Farmley offers a variety of flavored dry fruits and nuts through online and ecommerce platforms.
• To date, Farmley has raised approximately $54.7 million and is supported by notable investors such as BC Jindal Group and Omnivore.

Source: Inc42