About FRUBON
FRUBON is a Consumer company based in Jaipur (India) founded in 2004 by Rohit Verma, Dharam Dev Verma, and Rahul Verma. It operates as an a variety of multi-category dairy products is offered by FRUBON. 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. FRUBON was last valued at $24.07 million in January 2024. Its website frubon.com draws about 16 thousand monthly visits. Its Indian entity Dev Milk Foods Private Limited. reported revenue of ₹141 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Dairy and Multi-category. Its competitors include Sid's Farm, Dodla Dairy, Desi Farms, Milk Mantra and Heritage Foods and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
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.
- Headquarters Jaipur, India
- Employees 298
- Founders Rohit Verma, Dharam Dev Verma, Rahul Verma
- Stage Minicorn
- SectorsConsumer
- Website frubon.com
- Social LinkedIn X Facebook
- Legal Name Dev Milk Foods Private Limited.
- Date of Incorporation 01 Jun, 2004
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹141 Cr
FY 2025 · +33% YoY
- Net Loss-₹31.88 Cr
FY 2025 · -23% margin
- EBITDA-₹11.59 Cr
FY 2025 · -8% margin
- Total Equity Funding$10.49M (USD)
in 5 rounds
- InvestorsDexter Capital Advisors
& 25 more
- Employee Count298
Associated legal entities of FRUBON
FRUBON operates through Dev Milk Foods Private Limited. (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dev Milk Foods Private Limited. CIN U51229RJ2004PTC082018 | Active | 01 Jun 2004 | Jaipur, Rajasthan | ₹141 Cr | 298 | 6 | View details |
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 $10.49M
- Total Rounds 5
- First Round $127,268
(Feb 2008)
- Investors Count 26
All 5 funding rounds of FRUBON 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 |
|---|---|---|---|---|---|
| Apr 2026 | – | Series B | – | – | |
| Jan 2024 | $7.7M | Series A | $24.07M | Fireside Ventures, pi Ventures | |
| May 2022 | $2.28M | Seed | $14.62M | – | |
| Mar 2020 | $378,802 | Angel Round | $••••• | Saurabh Upadhyay, Vaibhav Vishnudas Totla | |
| Feb 2008 | $127,268 | Seed | $••••• | Satvijay Investment And Consultant, Pushma Investment |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $24.07M | •••••••• |
| May 2022 | $14.62M | •••••••• |
| Mar 2020 | $••••• | •••••••• |
Full valuation and stage history of FRUBON
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $24.07M (Jan 2024). 26 investors in total: 11 institutional and 15 angel.
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. | – | firesideventures.com | Bengaluru, India | |
Deep-tech venture capital investments in early-stage companies. | 2016 | piventures.in | Bengaluru, India | |
Investments in public markets, commodities, private equities, and real estate by a family office. | 2006 | sekhsaria.com | Mumbai, India | |
- | – | ddvermafamilyprivatetrust.tcc.mode | - | |
- | – | bijalfamilytrust.tcc.mode | - | |
Investment banking services are provided by Dexter Capital Advisors, focusing on venture capital and mergers and acquisitions in India. | 2013 | dextercapital.in | Bengaluru, India | |
- | – | satvijayinvestmentandconsultant.tcc.mode | - | |
- | – | pushmainvestment.tcc.mode | - | |
- | – | mohitkhushcommercialindia.tcc.mode | - | |
- | – | kryptiondatamatics.tcc.mode | - |
Investor details for FRUBON
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Verified entity values are shown only after access is granted.
Board of directors of Dev Milk Foods Private Limited. (FRUBON)
Dev Milk Foods Private Limited. is the primary company behind FRUBON. The board of Dev Milk Foods Private Limited. currently have 6 directors; the longest-serving is Rohit Verma, appointed in 2009. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Verma DIN 02748350 | Director | 14 Dec 2009 | 16 yrs 10 mo | Dev Milk Foods Private Limited. |
| Krishan Dev Verma DIN 03232046 | Director | 02 Sep 2010 | 16 yrs 1 mo | Dev Milk Foods Private Limited. |
| Dharam Dev Verma DIN 01161158 | Director | 07 Mar 2020 | 6 yrs 7 mo | Dev Milk Foods Private Limited. |
| Rahul Verma DIN 07447827 | Director | 07 Mar 2020 | 6 yrs 7 mo | Dev Milk Foods Private Limited. |
| Shilpa Manohar Bhattar DIN 03553968 | Nominee Director | 07 May 2025 | 1 yr 5 mo | Dev Milk Foods Private Limited. |
| Adarsh Menon DIN 10805162 | Nominee Director | 07 May 2025 | 1 yr 5 mo | Dev Milk Foods Private Limited. |
People of FRUBON
3 people are tracked at FRUBON (3 in leadership); the tracked headcount is 298.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Managing Director | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for FRUBON
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of FRUBON
Figures of Dev Milk Foods Private Limited., the primary company behind FRUBON, for FY 2025. Revenue was ₹141 Cr (+33% year on year). Net loss was -₹31.88 Cr (-23% margin). EBITDA was -₹11.59 Cr (-8% margin). Revenue has grown at a compounded annual rate of +44% over three years and +31% over five years.
- ₹141 CrRevenue · FY 2025 · +33% YoY
- -₹31.88 CrNet loss · -23% margin
- -₹11.59 CrEBITDA · -8% margin
- ₹1.11 CrPaid-up capital
- 298Employees (provident fund records)
- +44%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dev Milk Foods Private Limited. are on its company page.
Detailed financial statements for FRUBON
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of FRUBON
4 dated milestones of FRUBON across 22 years, from founding to its latest funding, stage changes and deals.
- Founded FRUBON is founded.
- Funding First funding round of $127K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B,.
Competitors of FRUBON
FRUBON has 8 listed competitors in our database, 6 of them funded. They include Sid's Farm, Dodla Dairy, Desi Farms, Milk Mantra and Heritage Foods, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sidsfarm.com | 2013 | Hyderabad, India | $12.18M | 466 | Subscription-based dairy products are delivered via an internet-first brand. | |
| dodladairy.com | 1995 | Hyderabad, India | $84.05M | 6,259 | Multi-category dairy products are manufactured and branded. | |
| 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 | |
| milkmantra.com | 2009 | Bhubaneswar, India | $32.74M | 399 | Multi-category dairy products are supplied to urban consumers. | |
| heritagefoods.in | 1992 | Hyderabad, India | – | 3,268 | Heritage Foods is engaged in manufacturing and supplying dairy products. | |
| milkymist.com | 1985 | Erode, India | $2.6M | 3 | Brand of dairy products | |
| paragmilkfoods.com | 1992 | Pune, India | $45.49M | 294 | Manufacturer of dairy products | |
| hap.in | 1970 | Chennai, India | – | 4,948 | Brand of dairy products |
Detailed competitors of FRUBON
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of FRUBON
The website of FRUBON (frubon.com) receives about 15.9K visits a month.
- Monthly visits15.9K
▲ 1.1% vs previous month
Top companies in Food & Beverage Products & Processing
10 companies that operate in the same segment as FRUBON (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 228.42 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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Complete news archive for FRUBON
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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 $127.27K, raised on Feb 2008.
FRUBON has 298 employees.
The primary company behind FRUBON, Dev Milk Foods Private Limited., reported revenue of ₹141 Cr for FY 2025, up 33% year on year.
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.
FRUBON operates through Dev Milk Foods Private Limited..
The legal entities of FRUBON currently have 6 directors, including Rohit Verma, Krishan Dev Verma, Dharam Dev Verma and others.