Knowledge Partners

 Economic Laws Practice       Avalon Consulting

 Technloogy Holdings   

February 03, 2013

Deal Alert: Vinod Khosla-backed MokshaYug looks to raise $10-M

MokshaYug Access, a rural supply chain enablement company in the dairy segment, is looking to raise Rs.50-60 crore by the second half of 2013. The company had earlier raised Rs.40 crore, including infusion from American businessman and venture capitalist Vinod Khosla and Unity Equity fund. The company has launched its dairy brand, Milk Route. 

Harsha Moily, son of petroleum and natural gas minister Veerappa Moily, started MokhsaYug in 2006 as a microfinance firm. Since then, it has reshaped its business model to become a rural supply chain solutions provider with facilities to collect milk everyday from farmers in south Karnataka. Over the next three years, MYA aims to spread its network in southern and western India and generate revenues of more than Rs.500 crore among others. 

Are you at APEX? 
Where The Stars Foretell the Future of Indian PE/VC 

Are you Showcasing at APEX? 
Don't Miss Out on THE Most Effective Investor Networking Opportunity of the Year