Milky Mist likely to hit stock market with IPO, seeks Rs 20,000 crore valuation
Milky Mist is planning to raise funds via initial public offering (IPO), reported MoneyControl citing sources familiar with the matter. The paneer-to-ice cream maker is looking to expand its dairy product portfolio to take on its arch rival Amul, said the report. The report said that a number of marquee Indian investment and merchant bankers […]
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 […]
Milky Mist launch Building healthy India initiative
Dairy plays a significant part in Indian society’s numerous aspects, including cuisine, religion, culture, and the economy. India has the highest level of milk production and consumption of all countries. It has an annual output of 186,000 tonnes as of 2018. Milky Mist is synonymous with premium quality dairy products available across India. To commemorate […]