About MilkLane
MilkLane is a company based in Mumbai (India) founded in 2015 by Raad Michael Mobrem and Nitin Goel. MilkLane has raised $8.07 million across 2 funding rounds from investors including Schreiber Foods and Pioneering Ventures. The company has 61 employees as of April 07, 2024. MilkLane offers products and services including UHT Milk and MilkLane Curd. MilkLane operates in a competitive market with competitors including Happy Nature, Provilac Dairy Farms, Pride of Cows, Aadvik Foods and Puresh milk, among others.
- Headquarter Mumbai, India
- Employees 61 as on 07 Apr, 2024
- Founders Raad Michael Mobrem, Nitin Goel
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Milklane Dairy Services Private Limited
- Date of Incorporation 10 Oct, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$22.78 M (USD)57.33as on Mar 31, 2023
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Net Profit
-$867.5 K (USD)71.86as on Mar 31, 2023
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EBITDA
-$789.63 K (USD)72.9as on Mar 31, 2023
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Total Equity Funding
$8.07 M (USD)
in 2 rounds
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Latest Funding Round
$3.89 M (USD), Seed
Apr 02, 2019
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Investors
Schreiber Foods
& 1 more
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Employee Count
61
as on Apr 07, 2024
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Products & Services of MilkLane
MilkLane offers a comprehensive portfolio of products and services, including UHT Milk and MilkLane Curd.
High-quality milk ready for consumption without boiling.
Curd made from pure milk with no additives or preservatives.
Funding Insights of MilkLane
MilkLane has successfully raised a total of $8.07M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.89 million completed in April 2019. 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.
Investors in MilkLane
MilkLane has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Schreiber Foods and Pioneering Ventures.
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Investments are focused on Indian farm and food startups.
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Manufacturer of dairy products
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Investor details for MilkLane
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Investments & Acquisitions by MilkLane
Investment portfolio details for MilkLane
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Financial Statements - MilkLane
Detailed financials for MilkLane
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Milklane Comparisons
Peer comparison for MilkLane
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Competitors of MilkLane
MilkLane 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 Happy Nature, Provilac Dairy Farms, Pride of Cows, Aadvik Foods and Puresh milk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Brand of organic milk
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Internet first milk brand and delivery
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A dairy brand offering fresh farm-to-home milk delivery services.
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Manufacturer of camel, goat, and donkey milk-based products, including powders, chocolates, skincare, and ghee
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Brand of milk
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Detailed competitors of MilkLane
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Latest news on Milklane
Complete news archive for MilkLane
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Frequently Asked Questions about MilkLane
MilkLane was founded in 2015 and raised its 1st funding round 2 years after it was founded.
MilkLane is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Raad Michael Mobrem is the current CEO of MilkLane. They have also founded this company.
MilkLane is a funded company, having raised a total of $8.07M across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at MilkLane is 61.
Annual revenue of MilkLane is $22.78M as on Mar 31, 2023.
Provider of high-quality milk and dairy products via an industrial-scale collection and distribution platform. This platform supports farmers through training, improved animal care, and access to resources, enhancing milk quality and productivity. A unique milk collection network, utilizing bulk milk coolers at the village level, ensures timely collection and maintains a cold chain. Stringent quality assurance and global health and safety standards are implemented throughout the process. The company offers UHT milk and curd, prioritizing safety and convenience for consumers.
MilkLane's top competitors include Provilac Dairy Farms, Happy Nature and Puresh milk.
MilkLane offers UHT Milk and MilkLane Curd.
MilkLane has 2 investors. Key investors include Schreiber Foods, and Pioneering Ventures.