Mr. Milkman

Gurugram, India Founded: 2015 • Age: 11 yrs Minicorn Acquired By Dairy
Cloud-based subscription and delivery management for dairy farms is provided.

About Mr. Milkman

Mr. Milkman is a Retail company based in Gurugram (India) founded in 2015 by Abhishek Goel and Samarth Setia, and was acquired by Dairy in October 2021. Cloud-based subscription and delivery management for dairy farms is provided. Mr. Milkman has raised $167.38 thousand across 2 funding rounds from investors including Dairy, Bimal Arya and Anil Arya. The company has 21 employees. Mr. Milkman was last valued at $1.72 million in November 2017. Its chief executive, as recorded, is Samarth Setia. Its Indian entity Orange Tree Technologies Private Limited reported revenue of β‚Ή4.55 Cr. Its focus areas include Food and Agriculture Tech, Online Grocery, Technology Enablers and Milk Delivery Management. Its competitors include EasyMilk, Simple Dairy and Ksheera Farm.

Company details

Mr. Milkman was founded in 2015 in Gurugram, India, within the agritech sector focused on dairy operations. Cloud-based solutions are offered to dairy farms for tracking sales, deliveries, and performance metrics. Product distribution, customer subscriptions, orders, logistics, and inventory are managed through the platform. Clients such as Milk Mantra, Milk Valley Farms, Daily Doodhwala, and Fresko Farms are served.

  • Headquarters Gurugram, India
  • Employees 21
  • Founders Abhishek Goel, Samarth Setia
  • Stage Acquired
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website milkmanapps.com
  • Social LinkedIn X Facebook
  • Acquired by Dairy (Oct 2021)
  • Legal Name Orange Tree Technologies Private Limited
  • Date of Incorporation 26 Nov, 2013
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹4.55 Cr

    FY 2024 · +85% YoY

  • Net Loss
    -₹1.16 Cr

    FY 2024 · -26% margin

  • EBITDA
    -₹1.09 Cr

    FY 2024 · -24% margin

  • Total Equity Funding
    $167.38K (USD)

    in 2 rounds

  • Latest Funding Round
    $77.53K (USD), Angel Round

    Nov 2017

  • Investors
    Dairy

    & 4 more

  • Employee Count
    21
  • Acquired by
    Dairy

    & 1 more

    (Oct 2021)

Apps and channels of Mr. Milkman

Mr. Milkman publishes 2 mobile apps with over 20K+ downloads.

Mr. Milk
Google Play Food & Drink Everyone Free
Developer: Mittal Dairy Farms
View on Google Play
OvinO
Google Play Food & Drink Everyone Free
Developer: Dharampal Satyapal Group
View on Google Play

Funding Insights of Mr. Milkman

Mr. Milkman has successfully raised a total of $167.38K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $77.53 thousand completed in November 2017. 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 $167,381
  • Total Rounds 2
  • Last Round Angel Round β€” $77,528
  • First Round $89,853

    (Oct 2016)

  • Investors Count 3

All 2 funding rounds of Mr. Milkman with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2017$77,528Angel Round$1.72MBimal Arya
–
Oct 2016$89,853Angel Round$1.58MAnil Arya
Valuation history
DateValuationStage
Nov 2017$1.72Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2016$1.58Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.72M (Nov 2017). 4 investors in total: 1 institutional and 3 angel.

Investors in Mr. Milkman

Mr. Milkman has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Dairy, Bimal Arya and Anil Arya.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Bimal Arya

unknown_578988a347b54f26a

Anil Arya

unknown_f103948fd6704806b

Amit Dhanuka

unknown_14390ee6ea6140cb9
Software platforms for dairy farmers are developed and offered.
2000dairy.comFrisco, United States
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Investor details for Mr. Milkman

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Board of directors of Orange Tree Technologies Private Limited (Mr. Milkman)

Orange Tree Technologies Private Limited is the primary company behind Mr. Milkman. The board of Orange Tree Technologies Private Limited currently have 4 directors; the longest-serving is Steven Allen Cornell, appointed in 2022. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Steven Allen Cornell
DIN 09583891
Director25 Apr 20224 yrs 6 moOrange Tree Technologies Private Limited
Ryan Richard Mertes
DIN 09581709
Director26 Apr 20224 yrs 6 moOrange Tree Technologies Private Limited
Sumit Jain
DIN 07360896
Director01 Apr 20233 yrs 7 moOrange Tree Technologies Private Limited
Kashi Viswanathan Sivaraman
DIN 08240390
IRP/RP/Liquidator10 Jan 20251 yr 10 moOrange Tree Technologies Private Limited

People of Mr. Milkman

2 people are tracked at Mr. Milkman (2 in leadership); the tracked headcount is 21.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
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Complete people profiles for Mr. Milkman

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Financials of Mr. Milkman

Figures of Orange Tree Technologies Private Limited, the primary company behind Mr. Milkman, for FY 2024. Revenue was ₹4.55 Cr (+85% year on year). Net loss was -₹1.16 Cr (-26% margin). EBITDA was -₹1.09 Cr (-24% margin). Revenue has grown at a compounded annual rate of +34% over three years and +62% over five years.

  • ₹4.55 CrRevenue · FY 2024 · +85% YoY
  • -₹1.16 CrNet loss · -26% margin
  • -₹1.09 CrEBITDA · -24% margin
  • ₹1.7 LakhPaid-up capital
  • 21Employees (provident fund records)
  • +34%Revenue CAGR, 3 years
  • +62%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Orange Tree Technologies Private Limited are on its company page.

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Detailed financial statements for Mr. Milkman

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Mr. Milkman

5 dated milestones of Mr. Milkman across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mr. Milkman is founded.
  2. Funding First funding round of $90K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $78K.
  5. Exit Acquired by Dairy.

Competitors of Mr. Milkman

Mr. Milkman has 3 listed competitors in our database. They include EasyMilk, Simple Dairy and Ksheera Farm.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
easymilk.in2014Hyderabad, India
Dairy management solutions are provided by EasyMilk for industry operations.
simpledairy.com2020Indore, India
Offers a platform for efficient milk dairy management and operations.
ksheerafarm.com2020Patancheruvu, India
Milk and dairy products are delivered via a mobile platform.
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Detailed competitors of Mr. Milkman

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Verified entity values are shown only after access is granted.

Top companies in Food & Grocery Retail

3 companies that operate in the same segment as Mr. Milkman (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.51 B4,488
Personal and household products are delivered via an e-commerce platform.
2011Bengaluru, Karnataka, IndiaUSD 943.07 MUSD 1.17 B22,095
Quick-commerce platform delivering groceries, household essentials and other everyday products in India.
2013Gurugram, Haryana, IndiaUSD 757.12 M11,913
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Related news about Mr. Milkman

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Complete news archive for Mr. Milkman

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Frequently Asked Questions about Mr. Milkman

Mr. Milkman was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Mr. Milkman is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Samarth Setia is the CEO of Mr. Milkman, as recorded in our data. They have also founded this company.

Mr. Milkman is a funded company, having raised a total of $167.38K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $89.85K, raised on Oct 2016.

Mr. Milkman has 21 employees.

The primary company behind Mr. Milkman, Orange Tree Technologies Private Limited, reported revenue of β‚Ή4.55 Cr for FY 2024, up 85% year on year.

Mr. Milkman was founded in 2015 in Gurugram, India, within the agritech sector focused on dairy operations. Cloud-based solutions are offered to dairy farms for tracking sales, deliveries, and performance metrics. Product distribution, customer subscriptions, orders, logistics, and inventory are managed through the platform. Clients such as Milk Mantra, Milk Valley Farms, Daily Doodhwala, and Fresko Farms are served.

Mr. Milkman's top competitors include Ksheera Farm, EasyMilk and Simple Dairy.

Mr. Milkman has 4 investors. Key investors include Dairy, Bimal Arya, Anil Arya, and Amit Dhanuka.

The valuation of Mr. Milkman is $1.72M as of Nov 2017.

Mr. Milkman operates through Orange Tree Technologies Private Limited.

Yes. Mr. Milkman was acquired by Dairy in October 2021.

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