Epigamia raises INR 350m in debt funding

Indian yogurt brand Epigamia has raised debt funding of INR 350 million (approx. $4.3 million) from Grand Anicut Fund.

Owned by Drums Food International, Epigamia offers a wide range of all-natural Greek yogurt, smoothies, ghee-based spreads and curd.

Rohan Mirchandani, CEO and co-founder of Epigamia, said: “We plan to use the funds to expand our production capacity and invest in machinery to meet the growing demand”.

In 2019, Drums Food International secured INR 1.82 billion (approx. $25.6 million at the time) in funding, which included an investment from Danone Manifesto Ventures Mousse Partners.