Dairy.com Marks Entry into India with the Acquisition of Mr. Milkman

We also look forward to providing some of the most advanced solutions Dairy.com has to offer to the milk brands in India.

Dairy.com Marks Entry into India with the Acquisition of Mr. Milkman

On 5th October, Dairy.com, America’s Largest Independent Dairy Supply Chain Technology Provider, marked its entry into Indian market with announcement of acquisition of Mr.Milkman, India’s leading last-mile dairy supply chain SaaS platform. Dairy.com has acquired 100% stake in Mr.Milkman to strengthen its integrated supply chain solution offerings for dairies worldwide.

The two companies will employ their combined agribusiness technologies, development resources, and industry expertise to enable and innovate last-mile dairy supply chain solutions for markets in India and abroad.

India is the world’s largest producer and consumer of milk and dairy products. Dairy is one of the most sizable agribusinesses in India, and the industry is valued at Rs.11,357 billion (USD 152.27 billion).

Mr.Milkman Chief Executive Officer and Co-founder Samarth Setia said, “Indian dairy sector and milk brands in India will need to employ technology at every level, right from procurement of milk to last delivery mile in order to grow and be successful. Milk brands in India and around the world operate on slim margins, and since milk prices have a cap, the only way to grow profits is to become more efficient – which can only happen through the implementation of technology. Our entire company is proud to be joining the talented Dairy.com team to accelerate the development of our last-mile delivery solution to meet the rising customer needs. We also look forward to providing some of the most advanced solutions Dairy.com has to offer to the milk brands in India.”

There is huge scope for the growth of value-added products such as cheese, yogurt, probiotic drinks, flavored milk, ice cream, and other products in the segment. With the acquisition of Mr.Milkman, Dairy.com is now positioned to thrive in India as solutions of both the companies are suited to successfully support the country’s exponential rise of e-commerce and increasing consumer demand for convenience, value, food safety, ease of payment, and product variety in the country.

Dairy.com Chief Executive Officer Scott Sexton said, “We are very excited to invest in the continued success and incredible growth at Mr.Milkman. Our entire global team is committed to developing innovative solutions that empower supply chains to feed a growing world, and Mr.Milkman is a natural addition to our AgTech solution portfolio.”

More than 60+ Indian dairy brands already use Mr.Milkman as it enables dairy food product companies to efficiently manage multiple aspects of dairy distribution, supply chain, customer subscriptions and delivery requests. Mr.Milkman is a pre-built alternative to food delivery aggregator apps. It is cost-effective and provides payment processing capabilities.