Milky Mist Soonicorn
Milky Mist is engaged in the business of manufacturing and selling dairy products such as paneer, cheese, curd, butter, ghee, yoghurt, ice cream, as well as frozen ready-to-eat, ready-to-cook food and chocolates.
Milky Mist: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 4 May 2026 | Pre-IPO | ₹482 Cr | Jongsong Investments Pte Ltd | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 29 Mar 2025 | Milky Mist | Asal Food Products Private Limited | ₹71.25 million | source |
Recent Signals
-
19 Feb 2025 · ma-strategic
Milky Mist buys Briyas Foods' tofu-business assets and trademarks via Asset Purchase Agreement (asset deal, not a full-entity acquisition) source -
8 May 2023 · funding
WestBridge Capital reported to be nearing a ~₹800 Cr minority-stake investment in Milky Mist (deal never confirmed closed) source -
27 Nov 2022 · funding
ION Analytics/Mergermarket: Milky Mist fundraise drew interest from both L Catterton and WestBridge Capital for a $100-120M raise (Nov 2022, predates the May 2023 WestBridge-only signal) source
News on Milky Mist
-
2 Sep 2026
Milky Mist Q1FY27: What Drove Profit Up 9.9x -
18 Aug 2026
Milky Mist Lists At 18% Premium On IPO Debut -
14 Aug 2026
Milky Mist IPO Draws 56 Times Demand on Final Day -
12 Aug 2026
Milky Mist IPO Sees 79% Subscription on Day One -
10 Aug 2026
Milky Mist IPO Opens August 11: GMP Signals 19% Listing Gain -
5 Aug 2026
Milky Mist ₹1,553 Crore IPO opens on August 11
L Litmus · by Lapaas
Got an idea like this one? Validate it with the same 9-block framework, free.
Start Free ValidationFAQs on Milky Mist
Who founded Milky Mist?
Milky Mist was founded by Sathishkumar T, Anitha S.
How much funding has Milky Mist raised?
Milky Mist has raised $57.38 Mn across 1 tracked funding round(s), most recently on 2026-05-04. Figures are compiled from cited public sources.
Who are the investors in Milky Mist?
Investors in Milky Mist include Jongsong Investments Pte Ltd.
What does Milky Mist do?
Milky Mist is engaged in the business of manufacturing and selling dairy products such as paneer, cheese, curd, butter, ghee, yoghurt, ice cream, as well as frozen ready-to-eat, ready-to-cook food and chocolates.
Where is Milky Mist headquartered?
Milky Mist is headquartered in Erode, Tamil Nadu, India.
What is Milky Mist's business model?
Milky Mist's core value proposition centers on Only fully value-added dairy player in South India, Broad product range, Reputation for quality and freshness.
How does Milky Mist make money?
Milky Mist's cited revenue streams include Basic, nutritional and indulgence dairy product lines, FY22-23 turnover of ~₹1,500 Cr, growing fast, 32% three-year revenue CAGR.