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Ace International raises USD 35 million in first institutional funding to build advanced dairy nutrition facility in Andhra Pradesh
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Monday, 01 December, 2025, 08 : 00 AM [IST]
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Our Bureau, New Delhi
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Ace International Limited, one of India’s leading integrated dairy and nutrition ingredient companies, has secured USD 35 million (Rs 305 crore) in its first-ever institutional fundraise. The investment comes from a consortium of global impact and development investors—FMO, responsAbility, Incofin, and Fiedlin Ventures—with Inval Capital serving as the exclusive advisor for the transaction.
This strategic funding marks a major milestone for Ace International as it accelerates its mission to redefine India's nutrition landscape. The capital infusion will enable the establishment of a greenfield, fully integrated dairy ingredients and advanced nutrition complex in Kuppam, Andhra Pradesh.
The upcoming Kuppam facility is set to introduce cutting-edge dairy nutrition processing technology in Asia for the first time. Designed as one of only a few such facilities globally, the site will be capable of manufacturing bespoke, high-performance nutrition ingredients tailored for leading global food, beverage, and health brands. The advanced unit will significantly boost ACE’s manufacturing capacity, enable faster scale-up, and diversify the company’s portfolio to meet surging domestic and international demand for customised nutrition.
Located in a high-potential agri ecosystem with strong logistics connectivity, the Kuppam complex will also have a major social impact. ACE plans to work with over 40,000 farmers, many of them women, through inclusive sourcing partnerships aimed at strengthening rural livelihoods and promoting gender equity across the supply chain.
Commenting on the fundraise, Sanjeev Goyal, founder and chairman of Ace International, said, “This partnership is more than just funding — it’s an accelerator of purpose. We’ve built ACE around one belief: that innovation in food technology can improve business outcomes and nutrition for all. With this investment, we’re ready to take that vision global.”
FMO, responsAbility, Incofin, and Fiedlin Ventures expressed strong confidence in ACE’s leadership, innovation-led strategy, and commitment to sustainability. Investors highlighted ACE’s modern management, market position, responsible sourcing, and ability to scale up value creation across the food and nutrition sector.
With over three decades of expertise, Ace International has grown from a family-owned venture into a trusted end-to-end ingredient supplier for nutraceuticals, sports and infant nutrition, medical foods, beverages, and confectionery. Backed by robust R&D and precision-driven processing, the company aims to shape the next era of science-led, sustainable nutrition from India to the world.
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