Keventer Agro Limited

Keventer Agro Limited, based in India, operates as a fast-moving consumer goods (FMCG) company, focusing primarily on dairy and food products, providing a variety of essential and convenient meal solutions to consumers. Founded in 1986 and headquartered in Kolkata, India, Keventer Agro Limited specializes in the production of dairy and food products. The company has undergone significant growth, particularly in its dairy operations after a strategic investment by Mandala Capital, which acquired a 15% minority stake in September 2017 for INR 1. 65 billion.

This investment aimed to bolster Keventer's expansion initiatives. The CEO of the firm is Sunil Kajaria. Keventer Agro Limited is a prominent fast-moving consumer goods (FMCG) company that specializes in a diverse range of product categories including Dairy & Fresh Food, Packaged Food & Beverages, Realty, and Restaurants. The company's core offerings encompass a variety of dairy products such as Keventer Metro Milk, Keventer Tetrapack Milk, curd, lassi, and ice cream, alongside ready-to-cook food items including non-vegetarian snacks, kebabs, and vegetarian options.

Keventer's products are designed to provide consumers with convenient and nutritious meal solutions, catering to a broad client base that includes both retail consumers and businesses across India, specifically in East and North-East regions. Keventer is recognized for its leadership in the branded dairy market, including being the second-largest ice cream brand in Kolkata and a leader in packaged and frozen food categories. Keventer Agro Limited has reported significant revenue streams, with a total revenue of ₹6,198. 5 mn in the most recent fiscal year 2020.

Additionally, the company reported an EBITDA of ₹-5,013. 4 mn for the same year. Keventer generates revenue through various transactional structures, including sales to retail outlets and direct-to-consumer channels, driven by its extensive product lineup such as Keventer Metro Dairy products and innovative ready-to-cook meals. Keventer Agro Limited aims to expand its product offering and market reach.

Recent funding from Mandala Capital is intended to support the growth of its dairy operations. The company is focusing on developing new products and enhancing its distribution network. Specific markets targeted for expansion include further penetration into Northern and Eastern India, expected to occur in the coming years following their last funding round in 2017.