About Dairy Day
Dairy Day is a company based in Bengaluru (India) founded in 2002 by Jaganath Mn, MN Jaganath, and Balaraju Anantharamu was acquired by Kedaara in March 2024.. Dairy Day has raised $16.59 million across 3 funding rounds from investors including Motilal Oswal Private Equity, Motilal Oswal Alternates and Gurunath M N. The company has 845 employees as of April 07, 2024. Dairy Day offers products and services including Alphonso Mango, Pista Kulfi, Belgian Chocolate, Triple Bar, and Black Forest. Dairy Day operates in a competitive market with competitors including Desi Farms, Hangyo, NOTO, Happy Nature and Provilac Dairy Farms, among others.
- Headquarter Bengaluru, India
- Employees 845 as on 07 Apr, 2024
- Founders Jaganath Mn, MN Jaganath, Balaraju Anantharamu
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Dairy Classic Ice Creams Private Limited
- Date of Incorporation 30 Sep, 2002
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$52.9 M (USD)83.75as on Mar 31, 2023
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Net Profit
$2.35 M (USD)3482.05as on Mar 31, 2023
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EBITDA
$6.25 M (USD)137as on Mar 31, 2023
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Total Equity Funding
$16.59 M (USD)
in 3 rounds
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Latest Funding Round
$16.45 M (USD), Series A
Sep 03, 2016
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Investors
Motilal Oswal Private Equity
& 29 more
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Employee Count
845
as on Apr 07, 2024
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Acquired by
Kedaara
(Mar 21, 2024)
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Products & Services of Dairy Day
Dairy Day offers a comprehensive portfolio of products and services, including Alphonso Mango, Pista Kulfi, Belgian Chocolate, Triple Bar, and Black Forest. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Premium mango-flavored ice cream for consumer enjoyment.
Traditional pistachio-based kulfi ice cream treat.
Rich chocolate ice cream made with quality ingredients.
Multi-layered bar ice cream for on-the-go consumption.
Cherry and chocolate flavored ice cream cake option.
Fresh strawberry ice cream in cups or tubs.
Caramel and butter-flavored ice cream variety.
Velvety red cake-inspired ice cream product.
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Funding Insights of Dairy Day
Dairy Day has successfully raised a total of $16.59M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16.45 million completed in September 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $16.5M
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First Round
First Round
(20 Feb 2013)
- Investors Count 29
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Series A - Dairy Day | Valuation | Motilal Oswal , Motilal Oswal Private Equity |
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| Mar, 2014 | Amount | Angel Round - Dairy Day | Valuation | Gurunath M N , Kashinath R S |
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| Feb, 2013 | Amount | Angel Round - Dairy Day | Valuation | Sridhar N , R Sundar |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dairy Day
Dairy Day has secured backing from 30 investors, including venture fund and angel investors. Prominent investors backing the company include Motilal Oswal Private Equity, Motilal Oswal Alternates and Gurunath M N. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Motilal Oswal Alternates is engaged in alternative investment management.
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Founded Year | Domain | Location | |
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Private equity investment firm focused on growth stage companies
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Founded Year | Domain | Location | |
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Private equity firm focused on growth companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dairy Day
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dairy Day
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dairy Day Comparisons
Competitors of Dairy Day
Dairy Day operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Desi Farms, Hangyo, NOTO, Happy Nature and Provilac Dairy Farms, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products
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| domain | founded_year | HQ Location |
Ice cream products are manufactured and branded by Hangyo.
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| domain | founded_year | HQ Location |
Plant-based frozen desserts are offered via a dedicated platform.
|
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| domain | founded_year | HQ Location |
Brand of organic milk
|
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| domain | founded_year | HQ Location |
Internet first milk brand and delivery
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Dairy Day
Frequently Asked Questions about Dairy Day
When was Dairy Day founded?
Dairy Day was founded in 2002 and raised its 1st funding round 11 years after it was founded.
Where is Dairy Day located?
Dairy Day is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Dairy Day?
Jaganath Mn is the current CEO of Dairy Day. They have also founded this company.
Is Dairy Day a funded company?
Dairy Day is a funded company, having raised a total of $16.59M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $126.93K, raised on Feb 20, 2013.
How many employees does Dairy Day have?
As of Apr 07, 2024, the latest employee count at Dairy Day is 845.
What is the annual revenue of Dairy Day?
Annual revenue of Dairy Day is $52.9M as on Mar 31, 2023.
What does Dairy Day do?
Dairy Day was founded in 2002 in Bengaluru, India, where ice creams are processed and branded within the dairy sector. Operations center on production and distribution from this location, with the domain dairyday.com maintained for online presence. Leadership is held by co-founders Jaganath Mn as CEO and Managing Director, and Balaraju Anantharamu as Technical Director. Ownership is attributed to Venkatesh Vittal Rao Cuddapa.
Who are the top competitors of Dairy Day?
What products or services does Dairy Day offer?
Dairy Day offers Alphonso Mango, Pista Kulfi, Belgian Chocolate, Triple Bar, and 4 more products and services.
Who are Dairy Day's investors?
Dairy Day has 30 investors. Key investors include Motilal Oswal Private Equity, Motilal Oswal Alternates, Gurunath M N, Kashinath R S, and Lashmikanth S.
What is Dairy Day's valuation?
The valuation of Dairy Day is $6.16M as of Mar 2014.
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