Nilgiri's Group

Nilgiri's Group, established in 1905, is a renowned producer and distributor of premium dairy and organic grocery products, serving health-conscious consumers with a commitment to quality and sustainability. Nilgiri's Group, headquartered in Mumbai, India, specializes in premium dairy and organic grocery products. The company was founded in 1905 and has undergone a recent acquisition by AVA Cholayil Health Care Private Limited from Future Consumer Limited, Verlinvest, and Black River Asset Management for INR 670 million, completing in August 2023. The CEO, Murali Krishnan, leads the company, which has participated in a total of 4 deals.

Nilgiris 1905 specializes in the production and distribution of premium dairy products, organic groceries, and a range of artisanal food items. Their core offerings include fresh milk, cheese, butter, yogurt, and various organic snacks. The company combines traditional methods with modern technology to ensure product authenticity and quality, serving urban centers in India and catering to individual consumers, retail chains, and local grocery stores. In 2023, Nilgiris 1905 reported a revenue of INR 4,976,938 and an EBITDA of INR 402,815.

5. The company's revenue model primarily relies on direct-to-consumer sales through retail outlets and an online platform, complemented by partnerships with supermarkets and grocery chains. Following the acquisition completed on August 29, 2023, Nilgiri's Group aims to enhance its market presence by launching new dairy and organic products. The recent funding of INR 670 million will support these initiatives and assist in the company's growth strategy, focusing on expanding into new geographic regions while ensuring liquidity for debt repayment.