Crèmeitalia Raises INR 18 Crore in Series A Funding to Expand Operations and Strengthen Market Presence

Crèmeitalia, has raised INR 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 is known for its authentic Italian cheese and cheese spreads.

 The company will be able to expand its operations, improve its R&D capabilities, and scale its distribution and retail presence with the help of this investment. Other notable high-net-worth individuals (HNIs) who contributed to the round included Vikram Saboo & Family, Arunkumar Jatia & Family, Vitalis Capital Family Trust, Anil Mittal Family Office, and Vikram Saboo & Family, as well as Vikram Saboo & Family. Their combined experience across multiple industries provides invaluable insights.

The funds received will help the business in a number of important ways, such as developing a cutting-edge manufacturing and research and development facility, growing its workforce, and stepping up efforts to create its brand through industry partnerships and digital marketing. This money also contributes to the development of brand value, as the company has up to now only relied on operational revenues. A stronger connection with the audience and stronger industry ties will result from focused digital marketing efforts, carefully planned sampling events, and active involvement in trade exhibitions.

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, adds,“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.”