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Epigamia Investors Reshuffle: $20M Secondary Deal Fuels Growth

Summary

  • Epigamia's cap table reshuffled in a $20 million secondary deal.
  • Verlinvest and Sauce increased their stakes in the company.
  • The profitable dairy startup aims to double its business every 24-30 months.
Epigamia Investors Reshuffle: $20M Secondary Deal Fuels Growth

Epigamia, the dairy and snacking startup, has undergone a significant cap table reshuffling with a secondary deal valued at over $20 million. Key investors Verlinvest, a decade-long supporter, and Manu Chandra's Sauce have increased their stakes, acquiring shares from early backers. This transaction, which does not inject new capital, reflects strong confidence in Epigamia's growth potential and the evolving Indian food and beverage market.

The company is strategically positioned to capitalize on the rising consumer preference for healthier, high-protein food options. Verlinvest's increased investment underscores its conviction in the brand's leadership and innovation. Sauce's entry further strengthens Epigamia's investor base, with founder Manu Chandra having angel-invested in the company previously.

Epigamia, operating as Drums Food International, services over 150 cities across India. It leverages diverse distribution channels, including quick commerce, which constitutes 50-60% of its monthly revenue, alongside offline trade. The company is targeting aggressive growth, aiming to double its business every 24-30 months, with projections of reaching over ₹700 crore in ARR this financial year and ₹1,000 crore in FY28.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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