Startup Funding Tracker

Dairy Day funding, investors and company details

Dairy Day is an emerging FMCG - Snacks and Beverages startup from Bengaluru, working in the space of Food & Beverage – Ice Cream / Frozen Desserts Manufacturing. Founded by M.N. Jaganath, Mr. A. Balaraju.

  • Company: Dairy Classic Ice Creams Private Limited
  • Sector: FMCG - Snacks and Beverages
  • Location: Bengaluru
  • Founders: M.N. Jaganath, Mr. A. Balaraju
  • Total funding raised: ₹0 Cr

Company overview

Dairy Day is a leading Indian ice cream and frozen dessert company engaged in the manufacturing, marketing, and distribution of a wide range of ice cream products across multiple formats and flavours. Founded in 2002 by M. N. Jaganath and A. Balaraju, the company has grown from a small manufacturing unit into a prominent regional ice cream brand with a strong presence across South and Western India. Dairy Day produces an extensive portfolio of products including cups, cones, sticks, candies, sorbets, tubs, kulfis, and ice-cream cakes, offering more than 150 products across over 30 flavours to cater to diverse consumer preferences. The company operates modern manufacturing facilities in Karnataka with large-scale production capacity and adheres to quality and food safety standards supported by teams of food technologists and dairy experts. Its products are distributed through a robust cold-chain enabled supply network comprising hundreds of distributors, dedicated refrigerated transport fleets, and tens of thousands of retail outlets across states such as Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, and Maharashtra. Dairy Day follows a multi-channel distribution strategy, selling through general trade stores, modern retail chains, and online platforms. The company focuses on product innovation, affordable price points, and strong regional distribution to expand its market share in India’s growing ice cream sector. Over the years, it has attracted investments from private equity investors to support capacity expansion, brand building, and geographic growth, with the long-term objective of becoming one of the leading ice cream brands in India.

Funding rounds

  • Latest round: Undisclosed Amount, 2024-03-21. Investors: Kedaara Capital