Hatsun Agro acquires Eight Road Ventures-backed Milk Mantra

Hatsun Agro, a leading dairy products company, acquired Eight Road Ventures-backed Milk Mantra for Rs 233 crore. The acquisition aims to strengthen Hatsun’s presence in the dairy sector and enhance its product portfolio, particularly in the premium dairy space. Milk Mantra is known for its innovative approach in dairy farming and direct sourcing of milk from farmers. This strategic move will help Hatsun expand its market share in the fast-growing dairy market and tap into Milk Mantra's strong brand presence in Eastern India. The deal is expected to drive growth and improve Hatsun’s competitive position in the dairy industry.