Milk Mantra is India’s 1st VC funded agri food & beverage startup and its ‘Milky Moo’ brand is one the fastest growing dairy brands in the country. With a conscious capitalist vision, the company is an entrepreneurial white revolution, focusing on under serviced consumer markets and the under developed dairy sector supply chain.
Growing at a CAGR of 70% Milk Mantra has redefined the entire category across the supply chain in the eastern region – from pioneering an ethical milk sourcing network, differentiated branding to functional innovation in the dairy category which had hitherto not been witnessed in the country.
Location: India, Odisha, Bhubaneswar Municipal Corporation
Total raised: $10M
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| 19.06.2020 | - | $10M | - |
Mentions in press and media 11
| Date | Title | Description | Source |
| 10.12.2020 | The 8 F’s of Indian agritech investing | Editor’s note: Aditya Jahagirdar is a member of the investment team at Ankur Capital, based in Benga... | agfunderne... |
| 22.06.2020 | Dairy food start-up Milk Mantra secures USD 10M in Debt from... | Dairy food start-up Milk Mantra announced on 19th June, 2020, that US International Development Fina... | vcbay.news... |
| 21.06.2020 | India Deal Monitor: Milk Mantra snags $10m from DFC and more... | Premium Bhubaneswar-based dairytech startup Milk Mantra has secured $10 million in debt financing f... | dealstreet... |
| 19.06.2020 | India’s Milk Mantra secures $10M from US International Devel... | Milk Mantra, a startup that procures, packages, sells and delivers milk and other dairy products, ha... | techcrunch... |
| 19.06.2020 | [Funding alert] Dairy foods startup Milk Mantra raises $10M ... | US International Development Finance Corporation (DFC) has committed a $10 million loan to Milk Mant... | yourstory.... |
| 19.06.2020 | Milk Mantra raises $10 million from US-based DFC, gets tech ... | - | business-s... |
| 19.01.2017 | Agtech Funding Sheet: TellusLab Raises $3.1m Seed to Compete... | TellusLabs, a satellite imagery and machine learning company, has raised $3.1 million in seed fundin... | agfunderne... |
| 30.06.2014 | Milk Mantra Closes Rs.80Crores Series C Funding | Milk Mantra, an Odisha, India-based dairy food company, closed a Rs. 80 crores Series C funding. Th... | finsmes.co... |
| 29.06.2014 | Orissa-based Milk Mantra raises $13M in Series C led by Fide... | Dairy startup based in Odisha (earlier Orissa) Milk Mantra Dairy Pvt Ltd has raised Rs 80 crore ($13... | vccircle.c... |
| 07.02.2011 | Milk Mantra Raises First Funding from Aavishkaar | Milk Mantra, a company that is setting up an integrated dairy chain in Orissa and will sell milk and... | finsmes.co... |
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