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Ranchi-based HR Food, which manufactures and markets dairy products under the brand ‘Osam’ has raised Rs 45 crores ($6.7mn) in Series B funding. Talking about the latest round of funding, Abhinav Shah, Co-founder and CEO of HR Food, said, “We are very excited to partner with Lok Capital for this critical fundraise and thankful for Aavishkaar’s ongoing support, which has been indispensable in building the Osam story. An integral part of this past is the history of Dairy Valley. The series will focus on the life of Osman Bey, the son of Ertugrul Gazi and the founder of the Ottoman Empire. How to use founder in a sentence. Osam has established itself as a leading private dairy brand in Jharkhand, with a procurement network reaching more than 10,000 dairy farmers, processing around 40,000 litres per day and selling products through a network of 3,000 plus retailers across Jharkhand. This round of funding was led by Lok Capital advised Growth Catalyst Partners (GCP) – the third fund from the India focused VC firm along with co-investment from existing investor, Aavishkaar India II Company Ltd. Noida based Chai Thela ready to capture the 10 billion Tea market. Founder definition is - one that founds or establishes. Founded by Abhinav Shah, Rakesh Sharma, Abhishek Raj and Harsh Thakkar, HR Food’s integrated model, procures milk directly from farmers in Bihar, processes it at its facility in Jharkhand and sells its products like milk, curd, lassi, and paneer to retailers. With the transition to a SFB, Utkarsh is making it a high priority to attract customers for savings accounts and deposits. About Osam Dairy. Osam is a milk brand transforming the dairy sector in Jharkhand and Bihar through high quality product offerings to customers and improving farmer livelihoods, by providing transparency on price, quantity and quality. Technology will give us the leverage to address needs of a large share of this low income segment and the funding from Lok will bolster our technology platform and accelerate our expansion plans. The funds will be utilised by the company to expand its production capacity and further its distribution outreach into neighbouring districts in Jharkhand and Bihar. Leveraging this fundraise, HR Food has already acquired another dairy plant in Jharkhand and is looking at other acquisitions to capture a significant share of Eastern India’s dairy market. With Burak Özçivit, Nurettin Sönmez, Ragip Savas, Alma Terzic. Created by Mehmet Bozdag. Osam has established itself as a leading private dairy brand in Jharkhand, with a procurement network reaching more than 10,000 dairy farmers, processing around 40,000 litres per day and selling products through a network of 3,000 plus retailers across Jharkhand. The agricultural area that would become Dairy Valley, and later Cerritos, began experiencing a building boom in the 1940s. Osam procures every drop of milk from a network of trained dairy farmers. However, even though the Indian market is flooded… Read more…, LINQ: Handholding People for Digital Transformations, LINQ: Bringing the E-Commerce Spectre to Offline Buyers ‘Why do… More…, “Marketing without data is like driving with your eyes closed.”… More…, Copyright © 2020 - StartUP 360 | All Rights Reserved. The rigorous training is supplemented by quality checks at the time of procurement on a daily basis through Milk Analyser which checks the milk on pre-defined parameters. Can be done by maintaing farmer specific rate charts to promote better quality pourings. Abhinav Shah, Co-Founder and CEO OSAM Dairy “The integraon of smartAMCUTM with procurement ERP and farmer payment gateways paves the way for an efficient milk procurement process and value-added benefits to farmers.” 02 Link. Link. Improve the productivity of cattle and maximize the herd performance with mooOn wearable and herd management application with mooOn, Scale up your business profits by improving the efficiency of the milk procurement operation with smartAMCU, Reduce total solid (TS) loss and efficiently manage milk procurement at the chilling centres with smartCC, Control and monitor cold chain operation and achieve better shelf life with ConTrak, Optimize your dairy supply chain by getting data-driven & actionable insights with mooOpt, Increase efficiency by managing the end-to-end workflow of your dairy business with mooFlowERP, Making innovative financial services accessible to rural population with mooPay, Data manipulation due to manual capturing of data, Troublesome reconciliation process for farmer payments, Lack of analytics tools to make informed decisions n dairy management, Can be achieved by detecting adulteration. Osam is a Eastern India based dairy player operating an integrated model offering procurement, processing and selling of milk and milk products in the states of Jharkhand and Bihar. Osman I or Osman Ghazi (Ottoman Turkish: عثمان غازى ‎, romanized: ʿOsmān Ġāzī; Turkish: Birinci Osman or Osman Gazi; died 1323/4), sometimes transliterated archaically as Othman, was the leader of the Ottoman Turks and the founder of the Ottoman dynasty.The dynasty bearing his name later established and ruled the Ottoman Empire (first known as the Ottoman Beylik or Emirate). Wikipedia Link. As one of the dairy industry’s rising stars, Chobani and its founder have frequently been celebrated for a demonstrated desire to improve the business world and larger one. October 2016. With this round of fundraise, Osam is well poised to deepen its outreach into key target markets in East India, with an expanded production capacity enabling our growth, and emerge as the leading dairy brand in Eastern India.”, It is true that with the advent of e-commerce, it… Read more…, Buddsbuddy – Ensuring safe childcare in India, Parents across the world have increased access to baby care products today. Date of investment. "We plan to make available all products, such as current account, savings, fixed deposits, recurring deposits and all third-party products, from day one. Ummeed provides affordable housing loans to informal income segments in North and Central India. ". Link. We want to change the status-quo by offering an easier, more reliable option for loans. ", Osam is a Eastern India based dairy player operating an integrated model offering procurement, processing and selling of milk and milk products in the states of Jharkhand and Bihar, OSAM is transforming the dairy sector in Jharkhand and Bihar through high quality customer offerings and improving farmer livelihoods by providing transparency on price, quantity and quality to over 8000 farmers. Can be gained by automatic, direct & real time farmer payment facility, Optimised by automated data capturing , cloud based procurement ERP, completely wireless system & centralized calibration and monitoring, Is ensured by advanced reports & trend analysis for better decision making, Monitored by real time SMS alerts to farmers, “The integraon of smartAMCUTM with procurement ERP and farmer payment gateways paves the way for an efficient milk procurement process and value-added benefits to farmers.”, “The real me procurement data TM from smartAMCU and the analycs is helping me to take informed and wiser decisions in the highly compeve dairy business”, "Stellapps came for our help in the right me to closely monitor the procurement operations, bringing in transparency, improve milk quality standards and increase the efficiency through automation in procurement.

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