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 $180M 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 4th amongst 368 active competitors, of which 19 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Sid's Farm, which secured $7.01M 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

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 & 27 more

Ranked

4^th among 368 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

452 as on Aug 31, 2025

Similar Companies

Dodla Dairy & 949 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	Documents
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 11 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	1694684	Series B	2168820	7770625	1127270	5937016
Jan 06, 2024	7049093	Series A	6426517	7092707	3012719	NSFO & 12 more
May 05, 2022	8709629	Seed	2854721	6522299	3408882	Saurabh Upadhyay & 9 more

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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.

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 4m
Rohit Verma	Team	-	Current	16y 7m
Rahul Verma	Team	-	Current	6y 4m
Krishan Dev Verma	Independent board member	-	Current	15y 10m

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:

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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	$19.4M	Omnivore, Alteria Capital & 31 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	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, NSFO & 26 others	67/100
5th	Parag Milk Foods 1992, Pune (India), Public	Manufacturer of dairy products	$45.5M	IDFC First Bank, Motilal Oswal Private Equity ... & 1 others	64/100
6th	Desi Farms 2016, Pune (India), Series B	Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products	$23.1M	NVS Consult, NAV Capital & 70 others	62/100
7th	Gyan Dairy 2007, Lucknow (India), Unfunded	Brand of milk and other food products	-	-	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), Series C	Brand of dairy products	$40.2M	Anicut Capital, Modi Fiduciary & 15 others	59/100

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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	9263134	2233582	6383804	5754661
Fund	39.21%	157Cr	8601402	1568106	1510357	2740703
Fireside Ventures	4377125	3898313	7761657	8626449	3179069	2024809
NSFO	2177418	5256831	8638050	8301987	7378094	6143636
Enterprise	-	0	0	0	0	0
Angel	3.74%	15Cr	561	560	646	605
Saurabh Upadhyay	6	1	1	4	3	3
Anjali Mittal	0	0	0	0	0	0
Other People	10.86%	43.5Cr	6124973	5574434	5696175	5274903
ESOP Pool	4.81%	19.3Cr	3770	5695	2995	7015
Total	100.00%	401Cr	3943698	1304523	5967597	4005671