INDIA – America’s leading dairy technology, services, and intelligence provider, Dairy.com, has acquired Mr.Milkman to strengthen its integrated supply chain solution offerings for dairies worldwide.
Already used by over 60+ Indian dairy brands, Mr.Milkman enables dairy food product companies to efficiently manage multiple aspects of dairy distribution, supply chain, customer subscriptions and delivery requests.
“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,” said Mr.Milkman Chief Executive Officer and Co-founder Samarth Setia.
“We also look forward to providing some of the most advanced solutions Dairy.com has to offer to the milk brands in India.”
India is the world’s largest producer and consumer of milk and dairy products and at a valuation of US$152 billion, the region offers support companies like Dairy.com one of the greatest opportunities for growth.
Furthermore, India’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 is creating demand for services from companies like Dairy.com and Mr.Milkman.
“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,” Setia added.
“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.”
With a largely untapped market at the disposal, the two companies plan to 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.
In the future, the combined entity revealed that it will look to optimize and digitize several areas of the agriculture supply chain in India, North America, and Europe.
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