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. 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
- Founders Jaganath Mn, MN Jaganath, Balaraju Anantharamu
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website dairyday.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Kedaara (Mar 2024)
- Legal Name Dairy Classic Ice Creams Private Limited
- Date of Incorporation 30 Sep, 2002
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹657 Cr
FY 2024 · +49% YoY
- Net Profit₹27.92 Cr
FY 2024 · 4% margin
- EBITDA₹70.54 Cr
FY 2024 · 11% margin
- Total Equity Funding$16.59M (USD)
in 3 rounds
- Latest Funding Round$16.45M (USD), Series A
Sep 2016
- InvestorsMotilal Oswal Private Equity
& 29 more
- Employee Count845
- Acquired byKedaara
(Mar 2024)
Associated legal entities of Dairy Day
Dairy Day operates through Dairy Classic Ice Creams Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dairy Classic Ice Creams Private Limited CIN U15205KA2002PTC031065 | Active | 30 Sep 2002 | Bangalore, Karnataka | ₹657 Cr | 845 | 6 | View details |
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.
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.
Apps and channels of Dairy Day
its YouTube channel Dairy Day has 33.2K subscribers and 30 videos.
Videos from Dairy Day
The most watched videos on Dairy Day's YouTube channel, Dairy Day (33.2K subscribers). Click a video to play it here.
More on Dairy Day .
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 $16.59M
- Total Rounds 3
- Last Round Series A — $16.45M
- First Round $126,925
(Feb 2013)
- Investors Count 29
All 3 funding rounds of Dairy Day with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2016 | $16.45M | Series A | – | Motilal Oswal, Motilal Oswal Private Equity | – |
| Mar 2014 | $11,289 | Angel Round | $6.16M | Gurunath M N, Kashinath R S | – |
| Feb 2013 | $126,925 | Angel Round | $1.4M | Sridhar N, R Sundar |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2014 | $6.16M | •••••••• |
| Feb 2013 | $1.4M | •••••••• |
Last known valuation $6.16M (Mar 2014). 30 investors in total: 3 institutional and 27 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Motilal Oswal Alternates is engaged in alternative investment management. | – | motilaloswalalt.com | Mumbai, India | |
Private equity investment firm focused on growth stage companies | 2006 | motilaloswalpe.com | Mumbai, India | |
Private equity firm focused on growth companies | – | kedaara.com | Ebene City, Mauritius | |
GM Gurunath M N | - | – | unknown_eb8a9726beb84d5a9 | - |
KR Kashinath R S | - | – | unknown_7c2629689c6743aba | - |
LS Lashmikanth S | - | – | unknown_892bbb63880b49a98 | - |
NM Nataraj M N | - | – | unknown_935b6e22a2c84215b | - |
KN Krishnamurthy N R | - | – | unknown_51fec7ba37174d1fb | - |
SM Srinivasa Murthy S | - | – | unknown_3530ae82d1d64499b | - |
SS Srinivasan S P | - | – | unknown_e203e5d08f3640cda | - |
Investor details for Dairy Day
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Dairy Classic Ice Creams Private Limited (Dairy Day)
Dairy Classic Ice Creams Private Limited is the primary company behind Dairy Day. The board of Dairy Classic Ice Creams Private Limited currently have 4 directors; the longest-serving is Jaganath Narasimhamurthy Makam, appointed in 2003. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jaganath Narasimhamurthy Makam DIN 00315250 | Managing Director | 29 Jan 2003 | 23 yrs 8 mo | Dairy Classic Ice Creams Private Limited |
| Anant Gupta DIN 06946611 | Director | 20 Mar 2024 | 2 yrs 6 mo | Dairy Classic Ice Creams Private Limited |
| Rahul Mehta DIN 09485275 | Director | 20 Mar 2024 | 2 yrs 6 mo | Dairy Classic Ice Creams Private Limited |
| Saurabh Kasat DIN 11284819 | Additional Director | 08 Sep 2025 | 1 yr 1 mo | Dairy Classic Ice Creams Private Limited |
People of Dairy Day
9 people are tracked at Dairy Day (4 in leadership, 5 in team); the tracked headcount is 845.
| Name | Role | Group |
|---|---|---|
Jaganath Mn | Co-Founder & CEO | Leadership |
| Owner | Leadership | |
MN Jaganath | Co-Founder, CEO & Managing Director | Leadership |
| Co-Founder & Technical Director | Leadership | |
Manghat Prakash | Operations Manager | Team |
Vamshi Korivi | Distributor/ Trader | Team |
Girish HS | Assistant Manager - MIS - Sales Analyst | Team |
Saravanan Arumugam | Assistant Manager - IT | Team |
Srivatsan Rammohan | MIS Assistant | Team |
Complete people profiles for Dairy Day
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Dairy Day
Figures of Dairy Classic Ice Creams Private Limited, the primary company behind Dairy Day, for FY 2024. Revenue was ₹657 Cr (+49% year on year). Net profit was ₹27.92 Cr (4% margin). EBITDA was ₹70.54 Cr (11% margin). Revenue has grown at a compounded annual rate of +56% over three years and +24% over five years.
- ₹657 CrRevenue · FY 2024 · +49% YoY
- ₹27.92 CrNet profit · 4% margin
- ₹70.54 CrEBITDA · 11% margin
- ₹33.87 CrPaid-up capital
- 845Employees (provident fund records)
- +56%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dairy Classic Ice Creams Private Limited are on its company page.
Detailed financial statements for Dairy Day
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Dairy Day
5 dated milestones of Dairy Day across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Dairy Day is founded.
- Funding First funding round of $127K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $16.5M.
- Exit Acquired by Kedaara.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| desifarmsindia.in | 2016 | Pune, India | $6M | 79 | Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products | |
| hangyo.in | 2002 | Mangaluru, India | $30.35M | 663 | Ice cream products are manufactured and branded by Hangyo. | |
| eatnoto.com | 2019 | Mumbai, India | $9.09M | 58 | Plant-based frozen desserts are offered via a dedicated platform. | |
| happynature.in | 2018 | Delhi, India | $1.07M | 94 | Brand of organic milk | |
| provilac.com | 2013 | Pune, India | $421,597 | 85 | Internet first milk brand and delivery | |
| letsgozero.in | 2022 | Mumbai, India | $6.02M | 19 | Go Zero is recognized as India's leading guilt-free ice cream brand. | |
| rollick.co.in | 1990 | Kolkata, India | $776,260 | 229 | Rollick is engaged in producing frozen desserts in India. |
Detailed competitors of Dairy Day
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Dairy Day
The website of Dairy Day (dairyday.com) receives about 10.2K visits a month.
- Monthly visits10.2K
▼ 21% vs previous month
Websites whose visitors overlap most with Dairy Day. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gharstuff.com | 100% | 30.4K | #949,708 | View details | |
| havmor.com | 88% | 35.9K | #694,743 | View details | |
| naturalicecreams.in | 77% | 67.7K | #484,324 | View details | |
| milkbasket.com | 77% | 114.3K | #322,817 | View details | |
| milkymist.com | 77% | 69.3K | #427,019 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Dairy Day
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
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- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Dairy Day
Complete news archive for Dairy Day
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Dairy Day
10 companies that operate in the same segment as Dairy Day (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 221.1 M | USD 99.78 M | 3,464 | |
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Dry snacks and coffee are manufactured and distributed. | 2015 | Chennai, Tamil Nadu, India | USD 16.52 M | USD 208 K | 29 | |
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | – | USD 93.92 B | 319,000 | |
Multi-category organic dairy products are offered online. | 2010 | Tiptur, Karnataka, India | USD 58.15 M | USD 23.34 M | 810 | |
Packaged food products are offered through an online platform. | 2019 | Mumbai, Maharashtra, India | USD 37.6 M | USD 4.41 M | 168 | |
Multi-category food and beverage products are produced and distributed globally. | 1866 | Vevey, Vaud, Switzerland | – | USD 2.36 B | 16,250 | |
Subscription-based dairy products are delivered via an internet-first brand. | 2013 | Hyderabad, Telangana, India | USD 19.41 M | USD 14.66 M | 250 |
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Frequently Asked Questions about Dairy Day
Dairy Day was founded in 2002 and raised its 1st funding round 11 years after it was founded.
Dairy Day is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Jaganath Mn is the current CEO of Dairy Day. They have also founded this 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 2013.
Dairy Day has 845 employees.
The primary company behind Dairy Day, Dairy Classic Ice Creams Private Limited, reported revenue of ₹657 Cr for FY 2024, up 49% year on year.
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.
Dairy Day offers Alphonso Mango, Pista Kulfi, Belgian Chocolate, Triple Bar, and 4 more products and services.
Dairy Day has 30 investors. Key investors include Motilal Oswal Private Equity, Motilal Oswal Alternates, Gurunath M N, Kashinath R S, and Lashmikanth S.
The valuation of Dairy Day is $6.16M as of Mar 2014.
Dairy Day operates through Dairy Classic Ice Creams Private Limited.