By Your AgriStory 
Dairy startup Cremeitalia has secured INR 18 Cr (around $2.1 Mn) in a Series A funding round led by the Amit Jatia Family Office.
BL Taparia Family Office (B2V Ventures), Nikhil Vora, the founder and CEO of Sixth Sense Ventures, Vikram Saboo & Family, Arunkumar Jatia & Family, Vitalis Capital Family Trust, Anil Mittal Family Office, and other high-net-worth individuals (HNIs) also participated in the round.
Founded in 2018 by Prateek Mittal and Rajas Dhote, Cremeitalia makes cheese products using traditional Italian farm methods and technology.
The startup competes against Eleftheria Cheese in the immediate cheese product category and, in the broader segment of dairy products, with other well-known startups like Country Delight, Happy Milk, Puresh Daily, Stellapps, SRC Farms, Milk Mantra, Aamro Dairies, Absolute Milk, Matratva Dairy, and “The Good Cow Company.”
The business intends to extend distribution and retail presence, improve R&D capabilities, and expand operations with the new funding. Additionally, the money raised would be used to grow the team and bolster brand-building initiatives through industry collaborations and digital marketing.
“With this funding round, our goal is to achieve a 5X scale-up in the next 18-24 months while building a fundamentally strong business that sets new industry benchmarks,” stated Prateek Mittal, CEO and cofounder of Cremeitalia.
Cofounder and COO Rajas Dhote stated, “We hope to increase gross margins by streamlining operations, enhancing economies of scale, and providing our customers with better value by strategically allocating these funds.” We look forward to using the manufacturing experience of many of our investors to promote sustainable growth and operational efficiencies.