Dairy Day Poised for Rs 1,000 Cr Revenue — Eyeing Big Growth
Bengaluru-based Dairy Day, backed by private-equity firm Kedaara Capital, is projecting annual revenue of ₹1,000 crore this year as it scales up operations and strengthens its regional presence across South and West India. Founded in 2002 by promoters M.N. Jaganath and A. Balaraju, Dairy Day has built a network of over 50,000 retailers across the…
Kedaara Capital picks up majority stake in ice cream maker Dairy Day
Kedaara Capital has picked up the majority stake in Dairy Classic Ice Creams Private Ltd, known for its brand Dairy Day, for an undisclosed amount. The investment will also provide full exit to Motilal Oswal Private Equity and other angel investors. Dairy Day, headquartered in Bengaluru, has a strong presence in states such as Karnataka,…