The two companies will use agribusiness technologies, development resources and innovate last-mile dairy supply chain solutions for markets in India and abroad
America’s leading dairy technology, services, and intelligence provider, Dairy.com, has made its first investment in India with the acquisition of Mr.Milkman, a leading last-mile dairy supply chain SaaS platform based out of India. The company has acquired a 100 per cent stake in Mr.Milkman to strengthen its integrated supply chain solution offerings for dairies worldwide.
The two companies will use 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.
Dairy.com and Mr.Milkman are positioned to thrive in India as their solutions are ideally suited to successfully supporting the country’s exponential rise of e-commerce and its increasing consumer demand for convenience, value, food safety, ease of payment, and product variety from the industry.
“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 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,” said Milkman Chief Executive Officer and Co-founder, Samarth Setia.
