AllOut Co-founder Anil Arya to Acquire a Dairy Tech Firm
The co-founder of mosquito repellent brand AllOut Anil Arya who sold his company in 2005, is reportedly making a comeback with an acquisition. The entrepreneur is taking over a dairy tech startup known as Mr. Milkman.
Along with some other investors, Arya is setting up a company in Singapore to acquire the whole of the Gurgaon-based startup.
“We will be investing in Mr. Milkman through our family office in Singapore,” Arya said.
Beyond this, he did not disclose any more details. Samartha Setia, founder of Mr. Milkman, too confirmed that Arya will be investing in the company.
“I cannot disclose the details of the investment at the moment,” said Setia.
Milkman is a startup that was founded a year ago which serves as an enabler for dairy players, managing their entire business includin...