Milk Mantra, which is one of the relatively few prominent startups to have emerged from the eastern state of Odisha, already counts the lik...

Over the last eight years, Milk Mantra has built a premium diary brand in Eastern India and its milk sourcing network now comprises over 60...

This is the first round of funding raised by the company after it mopped up about Rs 80 crore from Eight Roads and Aavishkaar in June 2014.

Fidelity Growth Partners backed startup is also planning to raise USD 25 million from VC funding to finance growth plans.

Mr. Senapaty recently superannuated as CFO and Executive Director at Wipro where he spent 35 years working closely with Mr. Premji in manag...

"We are likely to raise Rs 200 crore in the next 12-18 months," Srikumar Misra, founder & managing director of Milk Mantra, told ET.

The company has signed up 100 customers at apartment complexes in the city's suburb, Whitefield, after retailing for a year.

This comes at a time when an increasing number of emerging ventures are taking on the established players in the Indian dairy space.

Milk Mantra is looking to increase its product offerings as well as expand further into Orissa, and enter Chhattisgarh and Jharkhand.