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New Deal


Announced

Completed

Kedaara Capital completed the investment in Dairy Day.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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ice cream brand

Friendly

Acquisition

Majority

Private Equity

India

Single Bidder

Domestic

Private

Food Products

Completed

Synopsis

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Kedaara Capital, an operationally oriented private equity firm, completed the investment in Dairy Day, an ice cream brand. Financial terms were not disclosed. "Ice Cream is one of the fastest growing categories within the entire food & beverage segment. Dairy Day’s dedication to quality, and its commitment to delivering “goodness” has resonated deeply with consumers across its target markets, propelling the brand to a market-leading position. The company is led by a passionate and very strong execution focused team. We are excited to partner with Mr. M.N. Jaganath, Mr. A. Balaraju, and rest of the team to help them unlock Dairy Day’s full potential, and further strengthen its leadership position,” Sunish Sharma and Anant Gupta, Founder and Managing Partner and Managing Director of Kedaara Capital.

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