When was Prabhat Dairy founded?

Prabhat Dairy was founded in 1998 and raised its 1st funding round 14 years after it was founded.

Where is Prabhat Dairy located?

Prabhat Dairy is headquartered in Ahmednagar, India. It is registered at N.NO.75/8, O.NO.1418/2B, 200 FEET RING ROAD, THIRUMALAI NAGAR EXTN, PONNIAMMAN MEDU, Thiruvallur, CHENNAI, Tamil Nadu, India, 600110.

Which legal entities is Prabhat Dairy associated with?

Prabhat Dairy is associated with SUNFRESH AGRO INDUSTRIES PRIVATE LIMITED and 2 others.

How many employees does Prabhat Dairy have?

As of Feb 28, 2025, Prabhat Dairy has 761 employees, reflecting a 50% year-over-year decline in headcount.

Is Prabhat Dairy a funded company?

Prabhat Dairy is a funded company, having raised a total of $12.9M across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Sep 2012.

When was the latest funding round of Prabhat Dairy?

Prabhat Dairy's latest funding was a $***** PE round on Sep 22, 2015, with participation from 1 investor. Its primary sector is Food & Beverage Products. In India, the Food & Beverage Products sector has seen $281M in funding in 2025 to date.

What is the annual revenue of Prabhat Dairy?

Annual revenue of Prabhat Dairy is ₹1,330Cr as on Mar 31, 2024.

Where does Prabhat Dairy rank among its competitors?

Prabhat Dairy ranks 26th amongst 365 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 Desi Farms, which secured $29.3K in May, 2025.

Who are the top competitors of Prabhat Dairy?

Prabhat Dairy's top competitors include Epigamia, Sid's Farm and Akshayakalpa. Among them, Desi Farms secured the most recent funding round in May, 2025.

Prabhat Dairy - 2025 Company Profile, Team, Funding, Competitors & Financials

Q: Is Prabhat Dairy an acquired company?

Prabhat Dairy got acquired by Tirumala Milk on Jan 22, 2019.

Prabhat Dairy is an acquired company based in Ahmednagar (India), founded in 1998 by Vivek Nirmal, Nidhi Nirmal and Arvind Nirmal. It operates as a Manufacturer of dairy ingredients and consumer dairy products for retail and institutional clients. Prabhat Dairy has raised $12.9M in funding from TVS Capital Funds. The company has 365 active competitors, including 19 funded and 21 that have exited. Its top competitors include companies like Epigamia, Sid's Farm and Akshayakalpa.

Company Details

Manufacturer of dairy ingredients and consumer dairy products for retail and institutional clients. The company provides dairy ingredients such as SMP, whey powder, SCM, paneer, ghee, dairy whitener, and curd. It also offers consumer products like masala chaas, gold milk pouch, paneer thermo pack, butter, salted cheese, cheddar cheese processed slices, dahi, cheese processed ceka LM, and shrikhand cup elaichi. The company caters to both institutional and retail customers. It also supplies dairy products to hotels, restaurants, and caterers.

Website: www.prabhatdairy.in/
Social
Phone Number: +91 **********
Registered Address: N.NO.75/8, O.NO.1418/2B, 200 FEET RING ROAD, THIRUMALAI NAGAR EXTN, PONNIAMMAN MEDU, Thiruvallur, CHENNAI, Tamil Nadu, India, 600110

Key Metrics

Founded Year

1998

Location

Ahmednagar, India

Stage

Acquired

Total Funding

$12.9M in 2 rounds

Latest Funding Round

PE, Sep 22, 2015, $*****

Investors

TVS Capital Funds & 15 more

Ranked

26^th among 365 active competitors

Annual Revenue

₹1,330Cr as on Mar 31, 2024

Employee Count

761 as on Feb 28, 2025

Similar Companies

Dodla Dairy & 865 more

Exit Details

Acquired by Tirumala Milk (Jan 22, 2019)

View Prabhat Dairy's full profile

Prabhat Dairy is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
MADHYAM AGRIVET INDUSTRIES LIMITED CIN: L01100PN1998PLC013068 , India, Active	Nov 25, 1998	$9.55M (As on Mar 31, 2023)	7 (As on Feb 28, 2025)
SUNFRESH AGRO INDUSTRIES PRIVATE LIMITED CIN: U01122PN2007PTC129505 , India, Active	Jan 22, 2007	$161M (As on Mar 31, 2024)	762 (As on Feb 28, 2025)
TIRUMALA MILK PRODUCTS PRIVATE LIMITED CIN: U15209TN1998PTC102741 , India, Active	Nov 13, 1998	$325M (As on Mar 31, 2024)	761 (As on Feb 28, 2025)

Prabhat Dairy got acquired by Tirumala Milk on Jan 22, 2019 at an acquisition amount of $*****.

Click here to take a look at Prabhat Dairy's acquisition in detail

Prabhat Dairy has raised a total funding of $12.9M over 2 rounds. Its first funding round was on Sep 2012. Its latest funding round was a PE round on Sep 22, 2015 for $*****. 1 investor participated in its latest round. Prabhat Dairy has 3 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of Prabhat Dairy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 22, 2015	2768029	PE	8308694	3258969	8769200	4400730
Sep 2012	6897043	PE	6891722	4123021	9560535	Rabo Equity Advisors

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View details of Prabhat Dairy's funding rounds and investors

The founders of Prabhat Dairy are Vivek Nirmal, Nidhi Nirmal and Arvind Nirmal. Rajiv Mitra is the CEO of Prabhat Dairy.

Here are the details of Prabhat Dairy's key team members:

Vivek Nirmal: Co-Owner of Prabhat Dairy. They serve on the boards of 2 companies.
Nidhi Nirmal: Co-Owner of Prabhat Dairy. They serve on the board of 1 company.
Arvind Nirmal: Co-Owner of Prabhat Dairy.
Rajiv Mitra: CEO of Prabhat Dairy.
Contact Info: 1 email address

Prabhat Dairy's Board of Directors

Prabhat Dairy's board has 4 active members. Rahulkumar Satendra Prakash Srivastava, Goran Manestar, Michel Francois Jacques Auguste Peslier and Martial Jacques Elian Sekely are independent board members.

Here is the list of Prabhat Dairy's board of directors:

Name	Type	Representing	Status	Duration
cwxmzd{	Team	-	Past	7y 9m
spnigq{	Team	-	Past	9y 8m
skxlzpq	Team	-	Past	3y 7m
Goran Manestar	Independent board member	-	Current	3y 3m
pruzsmj	Independent board member	-	Past	5y 1m
mhnlffw	Independent board member	-	Past	7y 1m
ghgbvtf	Independent board member	-	Past	3y 8m
xrbwyyk	Independent board member	-	Past	4y 1m
tppbxn{	Independent board member	-	Past	5y 1m
pmskpey	Independent board member	-	Past	4y 4m
fmxcxjm	Independent board member	-	Past	6y 1m
rbybgjq	Independent board member	-	Past	8y 6m
jxrbxff	Independent board member	-	Past	9y 7m
nhclucv	Independent board member	-	Past	6y 1m
boxg{qs	Independent board member	-	Past	1y 7m

View details of Prabhat Dairy's Founder profiles and Board Members

Prabhat Dairy's employee count trend

Prabhat Dairy has 761 employees as of Feb 25. Here is Prabhat Dairy's employee count trend over the years:

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Epigamia 2007, Mumbai (India), Series C	Online brand of healthy food products	$81.2M	Verlinvest, Danone Manifesto Ventures & 52 others	75/100
2nd	Sid's Farm 2013, Hyderabad (India), Series A	Internet first brand offering subscription-based dairy products	$12.2M	NSFO, Omnivore & 24 others	73/100
3rd	Akshayakalpa 2010, Tiptur (India), Series C	Online brand offering multi-category dairy products	$38.8M	Lok Capital, venture & 35 others	73/100
4th	Dodla Dairy 1995, Hyderabad (India), Public	Manufacturer & brand of multi-category dairy products	$84M	BR CPF Holdings Mauritius, IFC & 15 others	71/100
5th	Milk Mantra 2009, Bhubaneswar (India), Acquired	Brand of multi-category dairy products	$32.7M	Aavishkaar Capital, Eight Roads Ventures ... & 36 others	67/100
6th	Parag Milk Foods 1992, Pune (India), Public	Manufacturer of dairy products	$45.5M	IDFC First Bank, Motilal Oswal Private Equity ... & 1 others	63/100
7th	Heritage Foods 1992, Hyderabad (India), Public	Indian private sector dairy enterprise	-	Premji Invest, Businesspartners.co.ke	62/100
8th	Doodhvale 2015, Delhi (India), Series A	Retailer of farm-fresh dairy, baked goods, produce, and grocery items	$4.12M	Hindustan Media Ventures, Atomic Capital ... & 13 others	58/100
9th	Desi Farms 2016, Pune (India), Series A	Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products	$5.67M	NVS Consult, Choice & 48 others	57/100
10th	Pride of Cows 2011, Pune (India), Unfunded	Dairy brand offering farm-to-home milk services	-	-	56/100
26th	Prabhat Dairy 1998, Ahmednagar (India), Acquired	Manufacturer of dairy ingredients and consumer dairy products for retail and institutional clients	$12.9M	TVS Capital Funds, Rabo Equity Advisors & 14 others	44/100