Milk delivery in India has come a long way.
50 years ago, life was pretty simple.
We had a cow in the backyard, and every morning, it gave us fresh, natural milk.
There were no long supply chains, no additives, just pure milk delivered straight from the source.
But times have changed.
Today, milk travels miles, passes through factories, and often loses its original freshness.
Traditionally, the dairy market in India has been dominated by major players like Amul, Mother Dairy, and Nandini - brands that have become household names.
For decades, these companies have been the go-to for millions of consumers, offering reliable dairy products.
However, in 2015, Country Delight set out to change the game by focusing on delivering fresh, natural milk directly to homes.
The company aimed to bring back a simpler, more transparent way of sourcing and delivering dairy, bypassing some of the complexities in the supply chain.
Founded by engineers and IIM graduates, they combined traditional sourcing with cutting-edge technology.
The company works directly with 250+ dairy farms across India.
Every batch is tested for quality, with more than 75 parameters checked every 15 days at NABL-accredited labs.
This commitment to quality is key to the company’s model.
Technology also plays a crucial role.
The company uses an AI-powered supply chain with 17 custom-built apps to streamline operations and ensure efficient delivery.
The Nectar app, developed in-house, tracks milk temperature and quality, providing an extra layer of transparency for customers.
Country Delight has grown significantly over the years.
It now serves over 1.5 million customers across 18 cities and 11 states, with a monthly delivery count of 10 million.
In terms of revenue, the company saw a 46% growth from ₹943 crore in FY23 to ₹1,380 crore in FY24.
This growth reflects the company’s increasing reach and the growing demand for its direct-to-doorstep service.
Initially focused on milk, Country Delight has gradually expanded its product offering to include curd, ghee, bread, eggs, fruits, and vegetables.
The company has plans to add more items in the future, such as wheat, batters, jams, oils, and pickles.
Each product follows the same approach: sourced directly from suppliers, tested for quality, and delivered with a focus on freshness.
Country Delight has raised $300 million in funding as of 2024, with a valuation exceeding $800 million.
With this strong financial backing, the company is now preparing for an IPO, signalling a bold step into its next growth chapter and strengthening its market presence.
Country Delight’s approach highlights a shift in the dairy industry.
By combining modern technology with traditional sourcing, the company has created a new model for delivering fresh, quality products.
As the company continues to expand and diversify, it offers an example of how innovation can reshape even the most traditional industries.
Sources:
Product Monk
Asia Tech Daily
Livemint
Infomance
The Arc Web
Economic Times
YourStory
Information mentioned in this post is taken from publicly available sources. This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.
Milk delivery in India has come a long way.
50 years ago, life was pretty simple.
We had a cow in the backyard, and every morning, it gave us fresh, natural milk.
There were no long supply chains, no additives, just pure milk delivered straight from the source.
But times have changed.
Today, milk travels miles, passes through factories, and often loses its original freshness.
Traditionally, the dairy market in India has been dominated by major players like Amul, Mother Dairy, and Nandini - brands that have become household names.
For decades, these companies have been the go-to for millions of consumers, offering reliable dairy products.
However, in 2015, Country Delight set out to change the game by focusing on delivering fresh, natural milk directly to homes.
The company aimed to bring back a simpler, more transparent way of sourcing and delivering dairy, bypassing some of the complexities in the supply chain.
Founded by engineers and IIM graduates, they combined traditional sourcing with cutting-edge technology.
The company works directly with 250+ dairy farms across India.
Every batch is tested for quality, with more than 75 parameters checked every 15 days at NABL-accredited labs.
This commitment to quality is key to the company’s model.
Technology also plays a crucial role.
The company uses an AI-powered supply chain with 17 custom-built apps to streamline operations and ensure efficient delivery.
The Nectar app, developed in-house, tracks milk temperature and quality, providing an extra layer of transparency for customers.
Country Delight has grown significantly over the years.
It now serves over 1.5 million customers across 18 cities and 11 states, with a monthly delivery count of 10 million.
In terms of revenue, the company saw a 46% growth from ₹943 crore in FY23 to ₹1,380 crore in FY24.
This growth reflects the company’s increasing reach and the growing demand for its direct-to-doorstep service.
Initially focused on milk, Country Delight has gradually expanded its product offering to include curd, ghee, bread, eggs, fruits, and vegetables.
The company has plans to add more items in the future, such as wheat, batters, jams, oils, and pickles.
Each product follows the same approach: sourced directly from suppliers, tested for quality, and delivered with a focus on freshness.
Country Delight has raised $300 million in funding as of 2024, with a valuation exceeding $800 million.
With this strong financial backing, the company is now preparing for an IPO, signalling a bold step into its next growth chapter and strengthening its market presence.
Country Delight’s approach highlights a shift in the dairy industry.
By combining modern technology with traditional sourcing, the company has created a new model for delivering fresh, quality products.
As the company continues to expand and diversify, it offers an example of how innovation can reshape even the most traditional industries.
Sources:
Product Monk
Asia Tech Daily
Livemint
Infomance
The Arc Web
Economic Times
YourStory
Information mentioned in this post is taken from publicly available sources. This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.