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…
Milky mist eyes $120m in its first institutional fundraising round
Milky Mist Dairy Food is in talks with private equity funds corresponding to Chryscapital , Kedaara, Multiples, True North, TA and Temasek to lift $100-120 million in what could be its first institutional funding , 4 individuals with direct data of the matter mentioned. “The final binding bids are expected to be in towards the end…