About Thirumala Milk
Thirumala Milk is a company based in Chennai (India) founded in 1996 was acquired by Lactalis in January 2014. It operates as a Direct-to-Consumer (D2C). Thirumala Milk has raised $22.9 million across 2 funding rounds from investors including The Carlyle Group, Lactalis and Shankar Narayanan Madhava Menon. The company has 1,658 employees as of March 28, 2024. Thirumala Milk has completed 1 acquisition, including Prabhat Dairy. Thirumala Milk offers products and services including Milk, Curd, Flavoured Milk, and Ice Cream. Thirumala Milk operates in a competitive market with competitors including Sid's Farm, Dodla Dairy, Desi Farms, Milk Mantra and Heritage Foods, among others.
- Headquarter Chennai, India
- Employees 1658 as on 28 Mar, 2024
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Tirumala Milk Products Pvt Ltd
- Date of Incorporation 13 Nov, 1998
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$357.01 M (USD)10.96as on Mar 31, 2023
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Net Profit
-$8.8 M (USD)-30.7as on Mar 31, 2023
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EBITDA
-$430.47 K (USD)-105.73as on Mar 31, 2023
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Total Equity Funding
$22.9 M (USD)
in 2 rounds
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Latest Funding Round
$22 M (USD), Unspecified
May 07, 2010
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Investors
The Carlyle Group
& 19 more
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Employee Count
1658
as on Mar 28, 2024
- Investments & Acquisitions
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Acquired by
Lactalis
(Jan 07, 2014)
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Products & Services of Thirumala Milk
Thirumala Milk offers a comprehensive portfolio of products and services, including Milk, Curd, Flavoured Milk, and Ice Cream.
Various milk types are offered for daily consumption.
High-quality curd is provided for healthy diets.
Flavoured milk varieties are produced for enjoyment.
Delicious ice creams are made for refreshment.
Funding Insights of Thirumala Milk
Thirumala Milk has successfully raised a total of $22.9M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $22 million completed in May 2010. 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 Thirumala Milk
Thirumala Milk has secured backing from 20 investors, including venture fund and angel investors. Prominent investors backing the company include The Carlyle Group, Lactalis and Shankar Narayanan Madhava Menon.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors.
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Shankar Narayanan Madhava Menon |
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MP
Mahesh Parasuraman |
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Investor details for Thirumala Milk
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Thirumala Milk
Thirumala Milk has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Prabhat Dairy.
Investment portfolio details for Thirumala Milk
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- Portfolio identities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of dairy ingredients and consumer dairy products for retail and institutional clients
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Locked | Locked | 1998 | Locked |
Complete acquisition details for Thirumala Milk
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Financial Statements - Thirumala Milk
Detailed financials for Thirumala Milk
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Thirumala Milk Comparisons
Peer comparison for Thirumala Milk
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Competitors of Thirumala Milk
Thirumala Milk 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 |
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Subscription-based dairy products are delivered via an internet-first brand.
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Multi-category dairy products are manufactured and branded.
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Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products
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| Locked | Locked | Locked |
Multi-category dairy products are supplied to urban consumers.
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Heritage Foods is engaged in manufacturing and supplying dairy products.
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Brand of dairy products
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Detailed competitors of Thirumala Milk
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Latest news on Thirumala Milk
Complete news archive for Thirumala Milk
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Frequently Asked Questions about Thirumala Milk
Thirumala Milk was founded in 1996 and raised its 1st funding round 12 years after it was founded.
Thirumala Milk is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Thirumala Milk is a funded company, having raised a total of $22.9M across 2 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Thirumala Milk is 1,658.
Annual revenue of Thirumala Milk is $357.01M as on Mar 31, 2023.
Thirumala Milk is established as a prominent dairy company in South India, focusing on the production and distribution of a wide range of dairy products. Various types of milk, curd, flavoured milk, lassi, buttermilk, ghee, ice cream, paneer, and butter are offered. The company operates within the food and beverage sector, emphasizing quality and nutritional value in its solutions. Products are crafted to cater to daily dietary needs and enhance consumer experiences through purity and taste.
Thirumala Milk's top competitors include Sid's Farm, Dodla Dairy and Milk Mantra.
Thirumala Milk offers Milk, Curd, Flavoured Milk, and Ice Cream.
Thirumala Milk has made 1 acquisition, including Prabhat Dairy.
Thirumala Milk has 20 investors. Key investors include The Carlyle Group, Lactalis, Shankar Narayanan Madhava Menon, Mahesh Parasuraman, and Manish Gaur.