Farmley, a leading healthy snacking brand, is poised to nearly double its revenue to ₹600-700 crore in the fiscal year 2025-26, driven by surging demand for nutritious snacks, the company announced at a healthy snacking summit. The Noida-based startup, founded in 2017 by Indian Institute of Technology alumni Akash Sharma and Abhishek Agarwal, reported ₹370 crore in revenue for FY 2024-25 and is now eyeing profitability alongside significant expansion.
“We aim for ₹600-700 crore revenue in the current fiscal with expansion of our presence in both offline and online channels,” said CEO and co-founder Akash Sharma, speaking to PTI. To support this growth, Farmley plans to invest ₹40-50 crore in a new factory near Noida, set to become operational next year, which will significantly boost production capacity. The company’s focus on quality, nutrition, and affordability has resonated with consumers, particularly in the fast-growing healthy snacking segment.
Farmley’s product portfolio, which includes roasted and flavored dry fruits, seeds, savories, and ready-to-eat mixes like makhana (puffed lotus seeds), has gained traction. A company report released on Friday highlighted consumer preferences: 36% of respondents favored roasted and flavored dry fruits as their top savory snack, while 19% specifically chose makhana. Additionally, 55% of survey participants prioritized clean, preservative-free snacks, and 52% preferred resealable, eco-conscious packaging. Nearly 45% expressed a preference for portable formats like dry fruit-based desserts and energy bars, signaling a shift toward convenient, health-focused options.
Farmley’s growth strategy includes strengthening its offline retail presence, which currently spans 22,000 touchpoints, and expanding into international markets such as the US, Singapore, Canada, and Dubai. The company’s recent $40 million Series C funding round, led by L Catterton with participation from DSG Consumer Partners and BC Jindal Group, will fuel these efforts, alongside investments in product innovation and advanced food technology.
As India’s snacking market, projected to reach ₹95,521.8 crore by 2032, continues to evolve, Farmley is positioning itself as a leader in the shift toward healthier, sustainable snacking. With its farmer-to-consumer model and commitment to quality, the brand is set to redefine how Indians snack, both at home and abroad.