August 4, 2025 – Mumbai: Aavishkaar Capital, the impact-focused investment arm of the Aavishkaar Group, has completed its exit from HR Food Processing Pvt. Ltd. (Osam Dairy), marking a major milestone in its commitment to delivering inclusive and scalable returns. The transaction was executed through a 100% acquisition by Hyderabad-based Dodla Dairy Ltd. in a ₹271 crore all-cash deal.
Founded in 2012 and headquartered in Ranchi, Osam Dairy has emerged as a leading integrated dairy enterprise in Eastern India. With direct procurement from over 60,000 dairy farmers and a self-owned distribution network, Osam has built a robust cold-chain infrastructure, catering to underserved markets across Bihar and Jharkhand.
Dodla Dairy’s acquisition strategically expands its operations into Eastern India, leveraging Osam’s deep community presence in Bihar, Jharkhand, and West Bengal.
Aavishkaar Capital’s investment thesis was anchored on:
- Formalizing fragmented dairy supply chains in underserved regions
- Enabling smallholder farmers, especially women, with direct procurement and skill training
- Scaling through strong local brand trust and operational excellence
“Our partnership with Osam Dairy reflects our belief in grassroots entrepreneurship as a driver of economic resilience,” said Shilpa Maheshwari, Managing Director, Strategy and Finance at Aavishkaar Group. “This exit is a testament to how impactful investing can deliver tangible outcomes while remaining anchored in community values.”
Over the life of the investment, Osam achieved:
- Direct livelihood access for 60,000+ farmers across Bihar, Jharkhand, and West Bengal
- Stable, daily income through assured procurement
- 700+ jobs created across sourcing and last-mile logistics
- Affordable dairy products delivered to Tier 2/3 consumer markets
Vineet Rai, Founder of Aavishkaar Group and Managing Partner at Aavishkaar Capital, added, “Osam tripled its milk processing capacity and significantly scaled its branded product range. Its transformation showcases the power of execution, regional focus, and resilient leadership.”
This exit underscores Aavishkaar Capital’s long-standing mission to back scalable models rooted in impact, equity, and inclusive growth.
