2013-08-30

Prabhat Dairy raises 140 crore from India Agribusiness fund

Prabhat Dairy Private Limited has received an investment of 140 crore from India Agribusiness fund, a private equity fund sponsored by Robobank and Proparco, a French development finance institution.

Prabhat Dairy raises 140 crore from India Agribusiness fund
 
Prabhat Dairy Private Limited has received an investment of 140 crore from India Agribusiness fund, a private equity fund sponsored by Robobank and Proparco, a French development finance institution.
 
 
Sarangdhar Nirmal, Chairman, Prabhat Dairy Private Limited, says, "We welcome India Agribusiness fund and Proparco as our partners in Prabhat's future growth. We remain focused on implementing our strategy of being a key supplier of value added dairy products to multinationals and large domestic companies." 
 
 
Prabhat dairy private limited is a leading private dairy company in India which supplies dairy based food ingredients to multinationals and leading Indian food and beverage companies.
 
 
The company intends to utilize the investment to start a new manufacturing unit at Vashi, for morning milk, yoghurt and ice cream, and also to expand its facilities in Shrirampur to include products such as cheese and UHT milk and also increase existing capacities of their products.
 
 
"We are delighted to be partnering Prabhat in its next phase of growth.
Dairy sector is the core focus of Rabobank worldwide and there is a wealth of sector knowledge in the bank, I am confident that we will bring a lot of value add in the company," says, Rajesh Srivastava, Chairman and Managing Director, Rabo equity.
 
 
Related opportunities
  • Quick Service Restaurants
    Company Vision & Business Model Razzo (Miracolo Hospitality Private Limited) aims to..
    Locations looking for expansion Uttar pradesh
    Establishment year 2024
    Franchising Launch Date 2025
    Investment size Rs. 30lakh - 50lakh
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bishrakh Uttar pradesh
  • Skills / Personality Development
    Earn Rs. 10–15 Lakh + Monthly ROI Start your own high-growth..
    Locations looking for expansion Kerala
    Establishment year 1995
    Franchising Launch Date 2023
    Investment size Rs. 5lakh - 10lakh
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kannur Kerala
  • Fitness Accessories
    Welcome to Excel Fitness, your premier destination for fitness, gym,..
    Locations looking for expansion Tamil nadu
    Establishment year 2018
    Franchising Launch Date 2024
    Investment size Rs. 10lakh - 20lakh
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Palayankottai Tamil nadu
  • Activity Centres, Day Care & Creches
    Growinn International Play School is a leading pre-school in Tamil..
    Locations looking for expansion Tamil nadu
    Establishment year 2020
    Franchising Launch Date 2024
    Investment size Rs. 30lakh - 50lakh
    Space required 2400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Coimbatore Tamil nadu
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads