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Dairy Day - About the company

Dairy Day is an acquired company based in Bengaluru (India), founded in 2002 by Anantharamu Balaraju and Makam Narasimhamurthy Jaganath. It operates as a Processor & brand of ice creams. Dairy Day has raised $16.6M in funding from Motilal Oswal Private Equity and Motilal Oswal, with last known valuation of $*****. The company has 386 active competitors, including 16 funded and 29 that have exited. Its top competitors include companies like Dodla Dairy, FRUBON and Gyan Dairy.

Company Details

Processor & brand of ice creams. It offers variety of cones, cups, sticks, and tubs. It also offers its products to retail outlet.
Social
XFacebook
Email ID
*****@dairyday.com
Phone Number
+91 **********
Registered Address
No. 55, 8th Main J C Industrial Estate Yelechenahalli, Bangalore, Karnataka, India, 560062
Key Metrics
Founded Year
2002
Location
Bengaluru, India
Stage
Acquired
Total Funding
$16.6M in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 16, 2024
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
1,105 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Kedaara (Mar 21, 2024)

Dairy Day's acquisition details

Dairy Day got acquired by Kedaara on Mar 21, 2024 at an acquisition amount of $*****.
Click here to take a look at Dairy Day's acquisition in detail
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Dairy Day's funding and investors

Dairy Day has raised a total funding of $16.6M over 3 rounds. Its first funding round was on Feb 20, 2013. Its latest funding round was a Series A round on Sep 03, 2016 for $*****. 2 investors participated in its latest round. Dairy Day has 2 institutional investors and 37 angel investors.

Here is the list of recent funding rounds of Dairy Day:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 03, 2016
5130710
Series A
4938741
1406738
3472439
6607064
Mar 05, 2014
9606349
Angel
6490026
7195050
8459282
9495541
Feb 20, 2013
4417173
Angel
2518162
8405617
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Dairy Day's founders and board of directors

Founder? Claim Profile
The founders of Dairy Day are Anantharamu Balaraju and Makam Narasimhamurthy Jaganath. Makam Narasimhamurthy Jaganath is the CEO of Dairy Day.
Here are the details of Dairy Day's key team members:

Dairy Day's Board of Directors

Dairy Day's board has 6 active members. Anantharamu Balaraju, Makam Narasimhamurthy Jaganath and Saurabh Kasat are part of team and Anant Gupta, Boddangodi Kishorekumar Rai and Rahul Mehta are independent board members.
Here is the list of Dairy Day's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
23y 7m
Team
-
Current
23y 7m
vlxflun
Team
-
Past
6y 4m
gw{oohf
Team
-
Current
8y 1m
Independent board member
-
Current
2y 5m
somrbhb
Independent board member
-
Current
7y 9m
rjwsbge
Independent board member
-
Past
4y 4m
bachjoa
Independent board member
-
Past
8y 8m

Dairy Day's employee count trend

Dairy Day has 1,105 employees as of May 26. The total employee count is 7.0% lower than what it was in May 25. Here is Dairy Day's employee count trend over the years:
Employee count trend for Dairy Day
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Dairy Day's Competitors and alternates

Top competitors of Dairy Day include Dodla Dairy, FRUBON and Gyan Dairy. Here is the list of Top 10 competitors of Dairy Day, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Dodla Dairy
Dodla Dairy
1995, Hyderabad (India), Public
Manufacturer & brand of multi-category dairy products
$84M
72/100
2nd
Logo for FRUBON
FRUBON
2004, Jaipur (India), Series B
Manufacturer of a diverse range of dairy and bakery products including ice cream, milk, paneer, and bakery items
$10.5M
63/100
3rd
Logo for Gyan Dairy
Gyan Dairy
2007, Lucknow (India), Unfunded
Manufacturer & brand of dairy products including milk powder and ghee
-
-
62/100
4th
Logo for Heritage Foods
Heritage Foods
1992, Hyderabad (India), Public
Indian private sector dairy enterprise
-
61/100
5th
Logo for Milky Mist Dairy Food
Milky Mist Dairy Food
1985, Erode (India), Public
Brand of dairy products
$40.2M
61/100
6th
Logo for Hangyo
Hangyo
2002, Mangaluru (India), Series A
Brand of ice creams
$35.5M
60/100
7th
Logo for Havmor Ice Cream
Havmor Ice Cream
1944, Ahmedabad (India), Acquired
Ice-cream restaurant chain
-
-
60/100
8th
Logo for NIC Ice Creams
NIC Ice Creams
1984, Pune (India), Series C
Natural ice cream brand
$31M
57/100
9th
Logo for Milk Mantra
Milk Mantra
2009, Bhubaneswar (India), Acquired
Brand of multi-category dairy products
$32.7M
57/100
10th
Logo for Mother Dairy
Mother Dairy
1974, Noida (India), Unfunded
Manufacturer of dairy products
-
-
56/100
13th
Logo for Dairy Day
Dairy Day
2002, Bengaluru (India), Acquired
Processor & brand of ice creams
$16.6M
52/100
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Dairy Day's Latest cap tables and shareholding

Founders (largest shareholder) own 33.17%, Funds own 23.00%, Angels own 15.08% and Other People own 28.75%. The net worth of Dairy Day's founders is INR 93.7Cr as of Sep 03, 2016.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
33.17%
93.7Cr
4093634
5386290
9839372
9133883
7203204
4646151
3902993
9741085
1228063
6300053
8783351
1563920
7929242
6561450
4751327
5763502
Fund
23.00%
65Cr
1054765
2921956
2360527
4501087
7369185
6313487
7123411
7354663
1043268
9471792
Angel
15.08%
42.6Cr
3698791
8197380
3136930
4022250
Other People
28.75%
81.3Cr
6473413
4090370
1545151
8538615
Total
100.00%
283Cr
8307643
1633024
5931043
1334852
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Dairy Day's Shareholding

Dairy Day's Investments and acquisitions

Dairy Day has made no investments or acquisitions yet.

Reports related to Dairy Day

Here is the latest report on Dairy Day's sector:

News related to Dairy Day

lockFilter this list
Media has covered Dairy Day for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
•
Dairy Day boosts summer growth with ice cream expansionfoodtechbiz•Feb 23, 2026•Dairy Day
•
Dairy Day launches premium ice cream tubs for summerAfternoonnews•Apr 19, 2022•Dairy Day
•
South India’s Dairy Day offers new range of Ice Cream CakesAgro & Food Processing•Apr 19, 2021•Dairy Day
•
•
Dairy Day Launches Chilli GuavaPunekar News•Jun 20, 2019•Dairy Day
•
Ice-cream brand Dairy Day forays into MaharashtraIndia Retailing•Apr 11, 2019•Dairy Day
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