When was FRUBON founded?

FRUBON was founded in 2004 and raised its 1st funding round 4 years after it was founded.

Where is FRUBON located?

FRUBON is headquartered in Jaipur, India. It is registered at 112-113, First Floor, Sunny Paradise, Tonk Road, Jaipur, Jaipur, Rajasthan, India, 302015.

Which legal entities is FRUBON associated with?

FRUBON is associated with DEV MILK FOODS PRIVATE LIMITED..

How many employees does FRUBON have?

As of Aug 31, 2025, FRUBON has 452 employees, reflecting a 18% year-over-year growth in headcount.

Is FRUBON a funded company?

FRUBON is a funded company, having raised a total of $10.5M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 18, 2008.

How much is FRUBON worth?

The latest valuation of FRUBON is $***** as of Jan 06, 2024.

When was the latest funding round of FRUBON?

FRUBON's latest funding was a $***** Series B round on Apr 13, 2026, with participation from 2 investors. Its primary sector is Food & Beverage Products. In India, the Food & Beverage Products sector has seen $348M in funding in 2026 to date.

What is the annual revenue of FRUBON?

Annual revenue of FRUBON is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does FRUBON rank among its competitors?

FRUBON ranks 6th amongst 410 active competitors, of which 28 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Sid's Farm, which secured $8.46M in May, 2026.

Who are the top competitors of FRUBON?

FRUBON's top competitors include Sid's Farm, Akshayakalpa and Dodla Dairy. Among them, Sid's Farm secured the most recent funding round in May, 2026.

FRUBON - 2026 Company Profile, Team, Funding, Competitors & Financials

FRUBON is a series B company based in Jaipur (India), founded in 2004 by Dharam Dev Verma, Rohit Verma and Rahul Verma. It operates as a Manufacturer of a diverse range of dairy and bakery products including ice cream, milk, paneer, and bakery items. FRUBON has raised $10.5M in funding from investors like pi Ventures, Fireside Ventures and Pushma Investment, with a current valuation of $*****. The company has 410 active competitors, including 28 funded and 24 that have exited. Its top competitors include companies like Sid's Farm, Akshayakalpa and Dodla Dairy.

Company Details

Manufacturer of a diverse range of dairy and bakery products including ice cream, milk, paneer, and bakery items. The company aims to provide great quality milk and ice cream to the Indian market while raising the quality of life for its dairy ecosystem partners.

Website: frubon.com
Social
Part Of
Registered Address: 112-113, First Floor, Sunny Paradise, Tonk Road, Jaipur, Jaipur, Rajasthan, India, 302015

Key Metrics

Founded Year

2004

Location

Jaipur, India

Stage

Series B

Total Funding

$10.5M in 5 rounds

Latest Funding Round

Series B, Apr 13, 2026, $*****

Post Money Valuation

$***** as on Jan 06, 2024

Investors

pi Ventures & 28 more

Ranked

6^th among 410 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

452 as on Aug 31, 2025

Similar Companies

Dodla Dairy & 1019 more

View FRUBON's full profile

FRUBON is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
DEV MILK FOODS PRIVATE LIMITED. CIN: U51229RJ2004PTC082018 , India, Active	Jun 01, 2004	₹100 - ₹500 Cr (As on Mar 31, 2025)	502 (As on May 01, 2026)

FRUBON has raised a total funding of $10.5M over 5 rounds. Its first funding round was on Feb 18, 2008. Its latest funding round was a Series B round on Apr 13, 2026 for $*****. 2 investors participated in its latest round. FRUBON has 12 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of FRUBON:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 13, 2026	1740785	Series B	9844754	1091305	3264032	2698176
Jan 06, 2024	5686744	Series A	4475619	5925767	6719733	NSFO & 12 more
May 05, 2022	3126802	Seed	6123114	1159669	1357916	Saurabh Upadhyay & 9 more

Access funding benchmarks and valuations. Sign up today!

View details of FRUBON's funding rounds and investors

The founders of FRUBON are Dharam Dev Verma, Rohit Verma and Rahul Verma.

Here are the details of FRUBON's key team members:

Dharam Dev Verma: Co-Founder & Managing Director of FRUBON. They are also an angel investor in 1 startup and serve on the board of 1 company.
Rohit Verma: Co-Founder of FRUBON. They are also an angel investor in 1 startup and serve on the board of 1 company.
Rahul Verma: Co-Founder of FRUBON. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address

FRUBON's Board of Directors

FRUBON's board has 4 active members. Dharam Dev Verma, Rohit Verma and Rahul Verma are part of team and Krishan Dev Verma is independent board member.

Here is the list of FRUBON's board of directors:

Name	Type	Representing	Status	Duration
Dharam Dev Verma	Team	-	Current	6y 6m
Rohit Verma	Team	-	Current	16y 8m
Rahul Verma	Team	-	Current	6y 6m
Krishan Dev Verma	Independent board member	-	Current	16y 0m

View details of FRUBON's Founder profiles and Board Members

FRUBON's employee count trend

FRUBON has 452 employees as of Aug 25. The total employee count is 18.0% more than what it was in Aug 24. Here is FRUBON's employee count trend over the years:

Uncover FRUBON's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of FRUBON include Sid's Farm, Akshayakalpa and Dodla Dairy. Here is the list of Top 10 competitors of FRUBON, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sid's Farm 2016, Hyderabad (India), Series A	Provider of a direct-to-consumer (D2C) premium dairy brand	$20.9M	Omnivore, Alteria Capital & 35 others	77/100
2nd	Akshayakalpa 2010, Tiptur (India), Series D	Brand of organic dairy products and various fresh food items	$58.1M	Lok Capital, Venturedairy & 42 others	75/100
3rd	Dodla Dairy 1995, Hyderabad (India), Public	Manufacturer & brand of multi-category dairy products	$84M	BR CPF Holdings Mauritius, IFC & 13 others	72/100
4th	Desi Farms 2016, Pune (India), Series B	Retailer of fresh dairy products and various daily food items	$23.1M	NVS Consult, Choice & 70 others	69/100
5th	Go Zero 2022, Mumbai (India), Series A	Online platform offering zero-sugar and low-calorie ice cream	$6.02M	Saama, V3 Ventures & 13 others	64/100
6th	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	Fireside Ventures, pi Ventures & 27 others	63/100
7th	Gyan Dairy 2007, Lucknow (India), Unfunded	Manufacturer & brand of dairy products including milk powder and ghee	-	-	62/100
8th	Provilac Dairy Farms 2013, Pune (India), Seed	Provider of subscription based service for farm fresh milk products	$422K	Siddharthtrust, Panchshil & 4 others	62/100
9th	Heritage Foods 1992, Hyderabad (India), Public	Indian private sector dairy enterprise	-	Premji Invest, Businesspartners.co.ke	61/100
10th	Milky Mist Dairy Food 1985, Erode (India), Public	Brand of dairy products	$40.2M	Anicut Capital, Modi Fiduciary & 15 others	61/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on FRUBON's competitors? Click here to see the top ones

Founders (largest shareholder) own 41.39%, Funds own 39.21%, Enterprises own 0.00% and Angels own 3.74%. The net worth of FRUBON's founders is INR 166Cr as of Mar 30, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	41.39%	166Cr	9252221	9296547	4530648	3832033
Fund	39.21%	157Cr	7950105	3348531	2726600	8390300
Fireside Ventures	2688745	5471553	3385621	5914794	2752563	2137782
NSFO	9292826	1230582	7936431	4970371	1284453	9067108
Enterprise	-	0	0	0	0	0
Angel	3.74%	15Cr	353	578	888	623
Saurabh Upadhyay	4	5	3	2	5	3
Anjali Mittal	0	0	0	0	0	0
Other People	10.86%	43.5Cr	7062517	5828256	2324564	9420073
ESOP Pool	4.81%	19.3Cr	8581	9939	8937	8670
Total	100.00%	401Cr	2545058	6507599	8385793	8811295