Aavishkaar Capital's holdings in Osam Dairy were fully transferred to Dodla Dairy Ltd, based in Hyderabad, through a INR 271 crore cash deal, marking a complete takeover of Osam Dairy.
In August 2025, Aavishkaar Capital announced its exit from Osam Dairy, a regional dairy enterprise headquartered in Ranchi, Jharkhand. The exit was finalized through an all-cash transaction valued at INR 271 crore with Dodla Dairy Ltd.
Over the life of Aavishkaar Capital's investment, Osam Dairy more than tripled its milk procurement and processing capacity. This expansion allowed the company to onboard over 60,000 dairy farmers from low-income states and provide a dependable income stream that reduces rural poverty and income volatility.
The development marks a significant milestone for Aavishkaar Capital, highlighting its focus on generating sustainable and socially impactful returns. Osam Dairy's growth under Aavishkaar Capital's stewardship also created more than 700 jobs in roles such as last-mile logistics, empowering rural workforce segments.
Osam Dairy's affordable dairy products have reached underserved consumers in smaller cities and towns, improving nutrition and access for these communities. The company's products are distributed through its own network, reaching both rural and urban consumers.
One of the key impacts of Aavishkaar's involvement in Osam Dairy was the reinforcement of a regional brand rooted in community values and inclusive growth. This demonstrates how impact investment can combine financial returns with social development.
Dodla Dairy, the acquirer, aims to expand its reach into Bihar, Jharkhand, and West Bengal through the acquisition of Osam Dairy. By doing so, it hopes to further the growth trajectory of Osam Dairy while potentially sustaining and expanding its developmental footprint in these regions.
Osam Dairy was founded in 2012 and has been a part of Aavishkaar Capital's portfolio, which invests in high-impact sectors across India, Emerging Asia, and Africa, with a focus on enterprises that align with the United Nations Sustainable Development Goals.
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- Aavishkaar Capital's vision for sustainable and socially impactful returns was evident in the growth of Osam Dairy, as it tripled its capacity, onboarded thousands of dairy farmers, and created over 700 jobs.
- The all-cash transaction valued at INR 271 crore marked the end of Aavishkaar Capital's finance involvement in Osam Dairy, but the company's commitment to business development and community values remains.
- In order to further expand its reach, Dodla Dairy, the new owner, plans to employ investing strategies in Bihar, Jharkhand, and West Bengal, targeting the same socially responsible growth trajectory as Osam Dairy.
- By distributing affordable dairy products to underserved consumers, Osam Dairy not only improved access to nutrition but also played a significant role in economic development, aligning with the United Nations Sustainable Development Goals, a focus area for Aavishkaar Capital's investment strategy.
- The strategic leadership exhibited by Aavishkaar Capital in driving the growth of Osam Dairy serves as a prime example of how technology can be leveraged to bolster business development in rural areas, ultimately reducing income volatility and fostering sustainable growth.