About Mr. Milkman
Mr. Milkman is a company based in Gurugram (India) founded in 2015 by Abhishek Goel and Samarth Setia was acquired by Dairy in October 2021.. 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 as of April 07, 2024. Mr. Milkman operates in a competitive market with competitors including Milk Moovement, EasyMilk, Simple Dairy, Madcap and Ksheera Farm, among others.
- Headquarter Gurugram, India
- Employees 21 as on 07 Apr, 2024
- Founders Abhishek Goel, Samarth Setia
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Orange Tree Technologies Private Limited
- Date of Incorporation 26 Nov, 2013
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$290 K (USD)27.03as on Mar 31, 2022
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Net Profit
$-158.11 K (USD)-255.65as on Mar 31, 2022
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EBITDA
$-146.4 K (USD)-207.34as on Mar 31, 2022
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Total Equity Funding
$167.38 K (USD)
in 2 rounds
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Latest Funding Round
$77.53 K (USD), Angel Round
Nov 29, 2017
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Investors
Dairy
& 4 more
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Employee Count
21
as on Apr 07, 2024
- Acquired by
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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 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $77,528
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First Round
First Round
(21 Oct 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Angel Round - Mr. Milkman | Valuation | Bimal Arya |
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| Oct, 2016 | Amount | Angel Round - Mr. Milkman | Valuation | Anil Arya |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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BA
Bimal Arya |
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Founded Year | Domain | Location |
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AA
Anil Arya |
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|
Founded Year | Domain | Location |
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AD
Amit Dhanuka |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mr. Milkman
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mr. Milkman
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mr. Milkman Comparisons
Competitors of Mr. Milkman
Mr. Milkman 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 Milk Moovement, EasyMilk, Simple Dairy, Madcap and Ksheera Farm, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Dairy production and transport monitoring solutions are provided.
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| domain | founded_year | HQ Location |
Dairy management solutions are provided by EasyMilk for industry operations.
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| domain | founded_year | HQ Location |
Offers a platform for efficient milk dairy management and operations.
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| domain | founded_year | HQ Location |
Platform automates milk procurement and dairy operations for businesses worldwide.
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| domain | founded_year | HQ Location |
Milk and dairy products are delivered via a mobile platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mr. Milkman
Frequently Asked Questions about Mr. Milkman
When was Mr. Milkman founded?
Mr. Milkman was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Mr. Milkman located?
Mr. Milkman is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Mr. Milkman?
Samarth Setia is the current CEO of Mr. Milkman. They have also founded this company.
Is Mr. Milkman a funded 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 21, 2016.
How many employees does Mr. Milkman have?
As of Apr 07, 2024, the latest employee count at Mr. Milkman is 21.
What is the annual revenue of Mr. Milkman?
Annual revenue of Mr. Milkman is $290K as on Mar 31, 2022.
What does Mr. Milkman do?
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.
Who are the top competitors of Mr. Milkman?
Mr. Milkman's top competitors include Milk Moovement, Ksheera Farm and EasyMilk.
Who are Mr. Milkman's investors?
Mr. Milkman has 4 investors. Key investors include Dairy, Bimal Arya, Anil Arya, and Amit Dhanuka.
What is Mr. Milkman's valuation?
The valuation of Mr. Milkman is $1.72M as of Nov 2017.