Media coverages

The round saw participation from existing investors (Blume Ventures , Omnivore, Bill & Melinda Gates Foundation, IDH Farmfit Fund, 500 Startups & Blue Ashva Capital), and new investor Miledeep Capital, with debt funding provided by the U.S. International Development Finance Corporation (DFC) .

Introduction: mooMark, headquartered in Bengaluru, Karnataka, was founded in 2020 with a clear vision to revolutionize the dairy supply chain through technology-driven solutions. The company initially focused on B2B milk procurement but expanded its scope in 2023 to include value-added products and private labeling services.

Stellapps’ fintech arm mooPay, in partnership with IBISA Network, HDFC ERGO & Gramcover, has launched a unique Heat Index-based insurance plan for farmers. It provides financial compensation to mooMark dairy farmers to offset income loss due to a fall in milk productivity during heat waves in summer.