About FRUBON
FRUBON is a company based in Jaipur (India) founded in 2004 by Rohit Verma, Dharam Dev Verma, and Rahul Verma. FRUBON has raised $10.49 million across 5 funding rounds from investors including Dexter Capital Advisors, pi Ventures and Narotam Sekhsaria Family Office. The company has 298 employees as of April 06, 2024. FRUBON operates in a competitive market with competitors including Sid's Farm, Dodla Dairy, Desi Farms, Milk Mantra and Heritage Foods, among others.
- Headquarter Jaipur, India
- Employees 298 as on 06 Apr, 2024
- Founders Rohit Verma, Dharam Dev Verma, Rahul Verma
- Stage Minicorn
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Dev Milk Foods Private Limited.
- Date of Incorporation 01 Jun, 2004
- Jurisdiction Jaipur, Rajasthan, India
-
Annual Revenue
$11.19 M (USD)95.52as on Mar 31, 2023
-
Net Profit
-$1.18 M (USD)-93.05as on Mar 31, 2023
-
EBITDA
-$1.33 M (USD)-173.48as on Mar 31, 2023
-
Total Equity Funding
$10.49 M (USD)
in 5 rounds
-
Latest Funding Round
-
Investors
Dexter Capital Advisors
& 25 more
-
Employee Count
298
as on Apr 06, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of FRUBON
FRUBON has successfully raised a total of $10.49M across 5 strategic funding rounds. 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 5
- Last Round Last Round
-
First Round
First Round
(18 Feb 2008)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2026 | Amount | Series B - FRUBON | Valuation |
investors |
|
| Jan, 2024 | Amount | Series A - FRUBON | Valuation | Fireside Ventures , pi Ventures | |
| May, 2022 | Amount | Seed - FRUBON | Valuation |
investors |
Investors in FRUBON
FRUBON has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Dexter Capital Advisors, pi Ventures and Narotam Sekhsaria Family Office.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage consumer brand companies are invested in by Fireside Ventures.
|
Founded Year | Domain | Location | |
|
Deep-tech venture capital investments in early-stage companies.
|
Founded Year | Domain | Location | |
|
Investments in public markets, commodities, private equities, and real estate by a family office.
|
Founded Year | Domain | Location |
Investments & Acquisitions by FRUBON
Financial Statements - FRUBON
Frubon Comparisons
Competitors of FRUBON
FRUBON 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 Sid's Farm, Dodla Dairy, Desi Farms, Milk Mantra and Heritage Foods, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Subscription-based dairy products are delivered via an internet-first brand.
|
|
| domain | founded_year | HQ Location |
Multi-category dairy products are manufactured and branded.
|
|
| 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
|
|
| domain | founded_year | HQ Location |
Multi-category dairy products are supplied to urban consumers.
|
|
| domain | founded_year | HQ Location |
Heritage Foods is engaged in manufacturing and supplying dairy products.
|
|
| domain | founded_year | HQ Location |
Brand of dairy products
|
Frequently Asked Questions about FRUBON
FRUBON was founded in 2004 and raised its 1st funding round 4 years after it was founded.
FRUBON is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
FRUBON is a funded company, having raised a total of $10.49M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2.28M, raised on Feb 18, 2008.
As of Apr 06, 2024, the latest employee count at FRUBON is 298.
Annual revenue of FRUBON is $11.19M as on Mar 31, 2023.
FRUBON was established in 2004 and is based in Jaipur, India. Operations are centered on the dairy sector, where products including ice cream, milk, curd, paneer, and kulfi are supplied. Additional dairy items are also provided to meet diverse needs. The company maintains a focus on production and distribution within the Indian market, supporting local consumption patterns. Key leadership includes co-founders with designated roles in management.
FRUBON's top competitors include Sid's Farm, Dodla Dairy and Milk Mantra.
FRUBON has 26 investors. Key investors include Dexter Capital Advisors, pi Ventures, Narotam Sekhsaria Family Office, Fireside Ventures, and DD Verma HUF.
The valuation of FRUBON is $24.07M as of Jan 2024.